Blackrock wants $4 trillion from your retirement accounts to build rusting windmills in third world jungles. Because tens of trillions in taxpayer dollars just aren’t doing it for the weather fairies. The money would come from a “blended finance” model where subsidies push companies to dump money into “renewables” in poor countries. Given their record, that would mean your 401k money isn’t actually trying to turn a profit, it’s taking one for the climate team.

Blackrock wants $4 trillion from your retirement accounts to build rusting windmills in third world jungles.

Because tens of trillions in taxpayer dollars just aren’t doing it for the weather fairies.

The money would come from a “blended finance” model where subsidies push… pic.twitter.com/NjiTZYX11p

— Peter St Onge, Ph.D. (@profstonge) December 1, 2023

Now we know why consumers are spending — they’re raiding the 401k. Hardship withdrawals from retirement accounts soared last year by 30% to 3.6 million. The top reasons are avoiding eviction or foreclosure and unpaid medical bills. This brought the average 401k balance down to $107,700 — at 5% that’s enough to provide precisely $448.75 per month in retirement. Keep in mind that’s workers — we can only imagine what’s happening to people who don’t have a job.

Now we know why consumers are spending — they’re raiding the 401k.

Hardship withdrawals from retirement accounts soared last year by 30% to 3.6 million. The top reasons are avoiding eviction or foreclosure and unpaid medical bills.

This brought the average 401k balance down… pic.twitter.com/8rRjP4dcsk

— Peter St Onge, Ph.D. (@profstonge) November 28, 2023

401(K) balances are down, and ‘last resort’ hardship withdrawals are up.#Bidenomics is so disastrous that senior citizens are depleting their savings accounts to survive.

The reward for a career of hard work is supposed to be a peaceful retirement.@JoeBiden has robbed us of… pic.twitter.com/O4yMWOpyHm

— Kari Lake (@KariLake) November 28, 2023

Biden and crew are doing everything possible to take the nation down. Nations and banks around the world are buying Gold fast and at record amounts.  Do yourself or your family a favor, check out GOLD now – Whatfinger endorses Goldco, which has helped people all over America to protect their 401Ks and retirement – get the free details –  CLICK HERE or below…

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