BlackRock
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What if I told you that there was a company so powerful on the planet today that it affects almost every single aspect of our lives a company that is so rich that they hold more assets than the GDP of every single country in the world, a company that is the single largest investor in the destruction of our planet’s forest and the largest money contributor to the fossil fuels industry? And what if I also told you that it’s very likely you are responsible for funding this company and allowing it to do what it does? And even if you tried your absolute hardest, it would almost be impossible for you to stop giving them money. The scary fact is that this company exists, and you have probably never heard its name before; the company is BlackRock. This could be the most important article I’ve ever written because it gives you an insight into how the ownership of the planet works and who might be pulling the strings of almost everything in our entire lives, and that likely you are contributing to this whole mess by funding this entire show.
The problem.
Okay, let’s talk about BlackRock and some of the big problems associated with this enormous company. First and foremost, BlackRock is the world’s largest asset management firm. They hold stocks, ownership of companies, property and a ton of other stuff, of course, with the main purpose of driving profit for themselves and their shareholders, and they own a part of almost everything. And when I say everything, I mean everything. Let me explain. BlackRock’s name is on the screen of the seven biggest banks in America, and in some way or another, if you are an American that gets loans, does your banking has investments or has your pension fund, you are likely connected to one of these banks, but who owns these banks? Well, in one way or another, BlackRock does. BlackRock is either the largest or one of these seven banks’ largest shareholders. So if you are part of the general American banking system, it’s likely you don’t really have a choice whether or not to deal with BlackRock, and you’re putting your trust in them to hold some of your money. You might think you have a choice with banking, but really, it’s an illusion of choice. But if you don’t live in America, don’t think you are safe because it’s likely that you are within BlackRock’s reach. For example, BlackRock owns shares in the four biggest Australian banks, and it is the single…