BlackRock's Larry Fink says Ukraine war 'put an end' to globalization

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BlackRock's Larry Fink says Ukraine war 'put an end' to globalization
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BlackRock CEO Larry Fink says Russia's invasion of Ukraine 'has put an end to the globalization we have experienced over the last three decades.'

," arguing that "access to global capital enables companies to fund growth, countries to increase economic development, and more people to experience financial well-being."has put an end to the globalization we have experienced over the last three decades," Fink continued.

"We had already seen connectivity between nations, companies and even people strained by two years of the pandemic. It has left many communities and people feeling isolated and looking inward. I believe this has exacerbated the polarization and extremist behavior we are seeing across society today."

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