justmiro

Been wanting to write about this for ages. Its insane that most humans dont even know the name a company that literally runs this planet. But theyre all experts on Middle Easter politics down the pub because of youtube conspiracy nonsence and shite talk in work. There is this magic megacorp called BlackRock and unlike that yuppie ghetto in Dún Laoghaire–Rathdown it wields elegant and astonishing power. BlackRock manages over $10 trillion in assets, more than the GDP of every country in this planet except for the United States and China. They operate a proprietary risk-management software called Aladdin, which monitors and analyzes over $20 trillion in assets for thousands of other investment firms and banks. So its like the central nervous system of global finance. Through its index funds, BlackRock is a top-three shareholder in nearly every major company in the S&P 500, including giants like Apple, Microsoft, and Amazon. I`m not great with numbers so its easier to think of BlackRock as the fourth branch of government for what you likely think are purely geographical countries. I wont even get in to how it essentially ran nations during the 2008 financial crisis and the 2020 pandemic via emergency bond-buying programs and book balancing. Oh and one of the great tricks it uses is a type of financial artistocratic inbreeding, basically a circular ownership loop. BlackRock is a major shareholder in the very banks that own stakes in BlackRock, a clever consolidation of power among a few elite firms. But thats not enough for global domination, you need to own or finance critical infrastructure worldwide. Yokes like oil pipelines, power grids and telecommunications. BlackRock is the shadow landlord to modern civilization. And it effectively ownes the whole Environmental, Social, and Governance (ESG) criteria the UN enforces. BlackRock used its voting power to force major changes in how global corporations operate regarding climate and social policy. Its not evil, its actually environmentally sound because a dead Earth isnt profitable. It even chooses to contract the global ecomony by redirected trillions of dollars it doesnt need (who would they trade with, Mars?) into passive funds, which on a worldwide scale reduces market competition because BlackRock owns stakes in all competitors in a single industry. Same reason its gigantic scale allows it to not only anticipate market trends it just creates them, then profits and shrinks the competition without even trying. So please, at least consider who presidents work for before you start deciding what motivates the ministers who work a few years in a given cabinet whilst these elements are unchanging for centuries to come. Buy the Dublin Time Machine a pint and support the DTM Book ko-fi.com/buchanandublintime…