Tag: digital currency

Member Post

 

  I’m not a person that understands the stock market all that well, but I remember someone significant in the media saying watch the bond market – when that goes South, head for the bunker, because all hell is soon to break loose.  Why is that?  This was back during the last disastrously dip and […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Join Ricochet for Free.

Member Post

 

Went to an In-N-Out Burger drive-thru last night (my turn to prepare dinner). I paid the charge of $15.28 with a $20 bill. The exceedingly helpful young woman asked if I had the 28 cents, since she had no change. I gave her a quarter and a dime, and she said, “I don’t have any […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Join Ricochet for Free.

What Is Your ESG Credit Score?

 

Major banks are rolling out a new platform and their lending practices will be driven by your ESG score. ESG stands for your Environmental, Social, and Governance. What, you ask, does that mean? What you buy and sell, what charities you support, and your environmental impact are being tracked and translated into a score. I don’t know who the scorekeepers are, but Glenn Beck’s guest had a friend who checked his Merrill Lynch account, and he was quickly educated.He had a low score of 4.7 and didn’t understand how they arrived at that number.

No, this isn’t China, this is now being implemented here in the US, and it will affect whether you qualify for a car loan, a home loan, a business loan, or if you are a good credit risk if you are applying for other things, like a job. Did you buy a gun for example, or give to a particular political party candidate, or do you purchase meat? What kind of car do you drive, and how often do you drive it? Not kidding – this will have an impact on your freedom in the new world that is unfolding. A story in Forbes from 2019 explains it.

Money lenders are grading you by this new system because they are now being graded by the new system. Every company will be graded on their hiring practices and how many minorities and even diverse genders are hired, what their social and environmental footprint is, and they must prove it, as their scorecard will impact their ability to do business in the new world system. Their ideology is also being incorporated into education. From the World Economic Forum’s “The Great Reset,” being implemented into every sector, corner, and cell of our lives, these are the new rules.