With central banks around the world now raising interest rates these kind of loans will become more expensive and will likely start to phase out. This is why the most woke corporations out there are also some of the most desperate for revenues this year, and why many of these companies are edging closer and closer to mass layoffs. The venture capital is gone and the ESG money is going to dry up also unless rates go back to zero and the bailout firehose is turned back on. Getting woke was once a backdoor tactic of gaining easy wealth. Now, getting woke really does mean going broke.
https://www.zerohedge.com/political/what-esg-its-leveraging-tool-woke-communist-takeover
