BlackRock CEO Larry Fink, whose firm oversees investments equivalent to about half of US GDP, has predicted that efforts to punish Russia over its invasion of Ukraine would lead to the unraveling of globalism as decision-makers reconsider their foreign vulnerabilities.
“The Russian invasion of Ukraine has put an end to the globalization we have experienced over the last three decades,” Fink said on Thursday in a letter to investors. “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.”
Western nations responded to the Ukraine crisis by launching an “economic war” against Moscow, including the unprecedented step of barring the Russian central bank from deploying its foreign currency reserves, Fink noted. Capital markets, financial institutions and other businesses have gone beyond the sanctions imposed by their governments, cutting off their Russian ties and operations.
“Russia’s aggression in Ukraine and its subsequent decoupling from the global economy is going to prompt companies and governments worldwide to re-evaluate their dependencies and re-analyze their manufacturing and assembly footprints – something that COVID-19 had already spurred many to start doing,” Fink said. As a result, he added, companies will move more operations to their home countries or to neighboring nations, leading to higher costs and prices.
The Russia-Ukraine conflict has “upended the world order” that has been in place since the Cold War ended and will require BlackRock to adjust to “long-term structural changes,” such as deglobalization and higher inflation, Fink said. He added that central banks will have to either accept increased inflation – even beyond the 40-year high that was set last month in the US – or reduced economic activity and employment.
New York-based BlackRock handles $10 trillion in assets, making it the world’s largest money manager, so Fink’s views are closely watched by investors. In fact, the billionaire wields so much financial clout that his thoughts can be self-fulfilling, to some degree. Among other implications, he said he sees the Ukraine crisis accelerating the development of digital currencies and speeding the shift away from fossil fuels.
“The ramifications of this war are not limited to Eastern Europe,” Fink said. “They are layered on top of a pandemic that has already had profound effects on political, economic and social trends. The impact will reverberate for decades to come in ways we can’t yet predict.”
Although Fink and Russian leaders don’t see eye-to-eye on the Ukraine conflict – the money manager blames Moscow for causing the crisis – they agree that the world order is changing. Russian President Vladimir Putin said last week that sanctions against Moscow mark the end of an era, portending an end to the West’s “global dominance” both politically and economically. Ex-President Dmitry Medvedev echoed those comments this week, saying, “The unipolar world has come to an end.”
The Russian president says the “myth of the Western welfare state, of the so-called golden billion, is crumbling”
Russian President Vladimir Putin has opined that the latest rounds of unprecedented sanctions imposed on Russia by the US and its allies over the Kremlin’s military campaign in Ukraine, mark the end of an era. According to Putin, from now on the West will be losing its “global dominance” both politically and economically.
Speaking on Wednesday, the Russian head of state proclaimed that the “myth of the Western welfare state, of the so-called golden billion, is crumbling.” Moreover, it is the “whole planet that is having to pay the price for the West’s ambitions, and its attempts to retain its vanishing dominance at any cost,” Putin said.
The president predicted food shortages across the world as Western sanctions against Russia are adversely affecting the entire global economy.
Touching on the decision by several Western powers to freeze Russia’s central bank assets, Putin claimed that this would only serve to irreparably undermine trust in those nations, and make other countries think twice before placing their reserves in the care of those countries. According to him, nearly half of Moscow’s assets were “simply stolen” by the West.
Addressing people in the West, the Russian leader said the massive sanctions imposed on Russia were already backfiring on the US and Europe themselves, with governments there trying hard to convince their citizens that Russia was to blame.
Putin warned ordinary people in the West that attempts to portray Moscow as the primary source of all their woes were lies, with a lot of those issues being the direct result of the Western governments’ “ambitions” and “political short-sightedness.”
The Western elites, according to Putin, have turned their countries into an “empire of lies,” but Russia will keep on presenting its own position to the whole world, no matter what.
Editor’s Note: The Democratic Party is not likely to maintain control over the U.S. House of Representatives after the upcoming 2022 mid-term elections (should honest elections actually be held in the swing states), therefore these radical leftists are eager to distract not only from its incompetence at governing under Biden, but its ineptness in managing the alleged COVID-19 pandemic response, the stupidity of ignoring an invasion of illegals and criminals at the southern border with Mexico, hyperinflation, energy-policy, etc. The Russia-Ukraine conflict, and its postering for world war, gives the Democratic Party a small boost among war mongers and defense contractors, and their war mongering allies in the Republican Party as well.This show is all partisan politics and dangerous media theatrics which may very well be the end-game for civilization and a fast-track for species (human) extinction.
During an ABC interview today, White House Spokesperson Jennifer Psaki gave away the game for the Biden Administration’s intent on exploiting the Russia-Ukraine crisis.
Keep in mind, as the Biden team were getting pummeled for negative economic outcomes, massive inflation, skyrocketing energy costs and gas prices set to double, the White House worked to create an urgent defense by manufacturing the crisis.
While Joe Biden ate his pudding, the people behind the scenes told Zelenskyy and Putin that Ukraine was about to enter NATO {December 2021}. The White House then seeded details through China knowing the intel would get back to Putin. Russia took the bait and intervened.
The collective left (far more western leader beneficiaries on a global scale) now have a quick and strategic pivot point to go from COVID-19 as the excuse for all the economic ills, to Russia. The Russia-Ukraine crisis transfers the cost of the Build Back Better climate change agenda from COVID-19 to Russia/Ukraine. We can now watch COVID just disappear.
The BBB agenda, domestically known as the Green New Deal, intentionally makes energy costs skyrocket. By creating the Ukraine crisis, gas prices specifically are no longer blamed on COVID-19 (the original fraudulent justification). Gas prices are now rising because of Russia and the villainous Vladimir Putin. Climate change policy outcomes are made palatable by blaming Putin.
A promotional video from the Canadian Bankers Association (CBA) helps to neatly connect all the dots about why the Canadian government made such a quick reversal in their bank asset seizures in the last 24 hours {Go Deep}. And yes, as we suspected, it was almost certainly contact from the World Economic Forum to Canadian Finance Minister Chrystia Freeland that triggered the change in position.
When Canadian Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland announced they would use the Emergency Act declaration to target the financial support systems, banks and accounts of the people who were protesting against COVID mandates, they not only undermined the integrity of the Canadian banking system – but they also inadvertently stuck a wrench into the plans of the World Economic Forum and the collaborative use of the Canadian Bankers Association to create a digital id.
If the Canadian government can arbitrarily block citizen access to their banking institution without any due process, what does that say about the system the Canadian Banking Association (CBA) was putting into place as part of their Digital ID network?
If the CBA digital identity were in place, the same people targeted by Trudeau’s use of the Emergency Act would have their entire identity blocked by the same government measures. The realization of the issue, reflected by a severe undermining of faith in the banking system, is a dramatic problem for those working to create and promote the Digital ID.
It is not coincidental the financial targeting mechanism deployed by Trudeau/Freeland, the Canadian banking system, is the same system being used to create the digital identity. As a result of the government targeting bank accounts, Finance Minister Freeland just created a reference point for those who would argue against allowing the creation of a comprehensive digital identity.
The motive for the World Economic Forum and Canadian Bankers Association to immediately reach out to Trudeau and Freeland and tell them to back off their plan is crystal clear. THAT is almost certainly why Freeland appeared so admonished, shocked and incapable of getting her footing yesterday {Go Deep}, and why the Canadian government simultaneously informed Parliament they were unfreezing the bank accounts.
Justin Trudeau and Chrystia Freeland essentially broke the financial code of Omerta, by highlighting how easy it is for government to seize your bank accounts, credit cards, retirement accounts, insurance, mortgages, loan access and cut you off from money (without due process).
The unintended consequence was an immediate and clear reference point if government did the same action with a digital ID in place.
However, this undermined confidence and faith in the banking system cannot be restored quickly. The toothpaste cannot be put back into the tube. The horse has left the barn.
Quickly this becomes a moment for immediate damage control by the Canadian government. This explains why Justin Trudeau dropped the declaration of the Emergency Act.
It all makes sense now. All of it.
Indeed, the government leaders who take their instructions from the multinational corporations in charge of the World Economic Forum, which is to say almost all of them, are so entrenched in their need to use COVID-19 as the pry bar for the Build Back Better agenda, they simply cannot let it go.
Without COVID-19, they can’t keep the vaccination push. Without the vaccination push, they can’t keep the vaccine passport process in place. Without the vaccination passport registration process to track and monitor human behavior, the governing authorities cannot fulfill the mission of a comprehensive digital identity and social credit tracking system. Indeed, everything they seek is contingent upon keeping the premise of COVID-19 alive.
It is not accidental the World Economic Forum is at the epicenter of this
As we previously noted, the architects of the Build Back Better society (WEF) are guiding various governments on ways to create efficient registration and compliance systems, i.e. ways that permit citizens to prove their vaccinated and compliant status. As these discussions are taking place, it is prudent to pause and think very carefully, wisely.
We all know, as we are reading this, under the guise of enhancing our safety, the U.S. Federal Government is in discussions with the medical community, multinational corporations and employers of citizens to create a more efficient process for you to register your vaccine compliance.
We know their conversation under the terminology of a COVID Passport. The current goal is to make a system for us to show and prove our authorized work status, which, as you know, is based on your obedience to a mandated vaccine.
Beta tests are being conducted in various nations, each with different perspectives and constitutional limitations, based on pesky archaic rules and laws that govern freedom.
For the western, or for lack of a better word ‘democratic‘ outlook, Australia, New Zealand, France and Europe are leading the way with their technological system of vaccination check points and registered state/national vaccination status tied to your registration identification.
New York City joined the vaccine checkpoint process, as their city now requires the vaccine to enter all private businesses. Los Angeles soon followed.
The Australian electronic checkpoints are essentially gateways where QR codes are being scanned from the cell phones of the compliant vaccinated citizen. Yes comrades, there’s an app for that.
Currently, the vaccine status scans are registered by happy compliance workers, greeters at the entry to the business or venue. Indeed, the Walmart greeter has a new gadget to scan your phone prior to allowing you custody of a shopping cart.
In restaurants, the host or hostess has a similar compliance scanner to check you in prior to seating or a reservation confirmation.
It’s simple and fun. You pull up your QR code on your cell phone (aka portable transponder and registration device), using the registration app, and your phone is scanned delivering a green check response to confirm your correct vaccination status and authorized entry.
The Australian government, at both a federal and state level, is working closely with Big Tech companies (thirsting for the national contract) to evaluate the best universal process that can be deployed nationwide.
As noted by all six Premiers in the states down under, hardware (scanners) and software (registration) systems are all being tested to find the most comprehensive/convenient portable units to settle upon. Meanwhile in the U.S., cities like Los Angeles and New York await the beta test conclusion before deploying their own version of the same process.
In Europe, they are also testing their vaccine checkpoint and registration processes known as the EU “Green Pass.”
The “Green Pass” is a similar technological system that gives a vaccinated and registered citizen access to all the venues and locations previously locked down while the COVID-19 virus was being mitigated. What would have been called a “vast right-wing conspiracy theory” 24 months ago, is now a COVID passport process well underway.
As with all things in our rapid technological era, you do not have to squint to see the horizon and accept that eventually this process will automate, and there will be a gadget or scanning gateway automatically granting you access without a person needing to stand there and scan each cell phone QR code individually.
The automated process just makes sense. You are well aware your cell phone already transmits an electronic beacon enabling your Uber or Lyft driver access to your location at the push of a touchscreen button, another convenient app on your phone. So, why wouldn’t the gateways just accept this same recognizable transmission as registration of your vaccine compliant arrival at the coffee shop?
The automated version is far easier and way cooler than having to reach into your pocket or purse and pulling up that pesky QR code on the screen. Smiles everyone, the partnership between Big Tech and Big Government is always there to make your transit more streamline and seamless. Heck, you won’t even notice the electronic receiver mounted at the entry. Give it a few weeks and you won’t remember the reason you were laughing at Alex Jones any more than you remember why you are taking off your shoes at the airport.
However, as this process is created, it is worth considering that you are being quietly changed from an individual person to a product. Some are starting to worry in the beta test:
[…] “you must become an object with attributes sitting in a database. Instead of roaming around anonymously making all sorts of transactions without the government’s knowledge, Australians find themselves passing through ‘gates’. …
All product-based systems have these gates to control the flow of stock and weed out errors. It is how computers see things. The more gates, the more clarity.
You are updating the government like a parcel pings Australia Post on its way to a customer. If a fault is found, automatic alerts are issued, and you are stopped from proceeding. In New South Wales, this comes in the form of a big red ‘X’ on the myGov vaccine passport app (if you managed to link your Medicare account without smashing the phone to bits).
Gate-keeping systems have been adapted from retail and transformed into human-based crowd solutions to micromanage millions of lives with the same ruthless efficiency as barcodes tracking stock. There is no nuance or humanity in this soulless digital age. Barcodes are binary. Good – bad. Citizen or dissident.
Even if you have all the required government attributes to pass through the gates – two vaccines, six boosters, and a lifelong subscription to Microsoft – something could go wrong. If your data fails the scan, you’ll slip into digital purgatory and become an error message. (read more)
It could be problematic if your status fails to register correctly, or if the system identifies some form of alternate lifestyle non-compliance that will block you from entry. Then again, that’s what beta tests are for, working out all these techno bugs and stuff. Not to worry…. move along….
Then again… “For those in the privileged class allowed to shop, take note of Covid signs which encourage cashless transactions under the guise of ‘health’. Messaging around cards being ‘safer’ will increase until the Treasury tries to remove cash entirely, almost certainly with public approval.”
Wait, now we are squinting at that familiar image on the horizon because we know those who control things have been talking about a cashless society for quite a while.
We also know that data is considered a major commodity all by itself. Why do you think every system you encounter in the modern era requires your phone number even when you are not registering for anything. It, meaning you, us, are all getting linked into this modern registration system that is defining our status. We also know that system operators buy and sell our registered status amid various retail and technology systems.
Yeah, that opaque shadow is getting a little clearer now.
Perhaps you attempt to purchase dog food and get denied entry into Pet Smart because you didn’t renew the car registration. Or perhaps you are blocked from entry because you forgot to change the oil on the leased vehicle you drive, and Toyota has this weird agreement with some retail consortium. You head to the oil change place that conveniently pops up in the citizen compliance App –it’s only two blocks away– they clear the alert after they do the oil change, and you are gateway compliant again.
Missed your booster shot? We’re sorry citizen, your bank account is frozen until your compliance is restored… please proceed to the nearest vaccination office as displayed conveniently on your cell phone screen to open access to all further gates (checkpoints)…. tap to continue!
Vote for the wrong candidate? Attend, or donate to, a trucker protest?
Yes, it seemed transparently obvious where this was heading, and Canadian Prime Minister Justin Trudeau just awakened the masses.
The coronavirus may go but, from cancer to AIDS, the mRNA vaccines are here to stay.
By Kit Knightly
The COVID-19 narrative is broken, that battle is over. Yes, there are still pockets of token resistance, little embattled squares who aren’t ready to give up the ghost just yet, but for the most part the establishment are letting it go.
Country after country after country are “relaxing” their COVID-19 restrictions, abandoning vaccine passport plans and attempting to “get back to normal”.
It seems every week some new “expert” who spent the last two years predicting we’re all gonna die turns up on the news claiming we should “treat Covid like the flu”.
But just because they’re giving slack on COVID-19 does not mean the agenda behind COVID-19 is gone. Far from it.
In fact, even as they seek to dump this pandemic in a shallow grave, they are already prepping the public for the next health scare – AIDs.
Then, just last week it was suddenly reported there was a “new variant”of HIV circulating in Europe, this new strain is allegedly “more virulent”,“more transmissable”, and “progresses to AIDS faster”.
Following hot on the heels of this fresh wave of fear is a push for everyone to get AIDS tested as soon as possible, from politicians and celebrities and everyone in between.
Prince Harry is leading the charge, in a video that caused the press invoke the spirit of his mother Princess Diana, Harry insisted we all have a “duty” to get HIV tested “to keep other people safe”, comparing it to the COVID-19 outbreak.
“Know your status“, the video says. Which will probably be a hashtag in the near future. (I just checked, and it actually is already.)
They’re really cranking through the gears on this one.
Even while the problem and reaction are still barely out of the research and development stage, they’re already talking about the solution.
Guess what it is?
If you said “another mRNA vaccine”, well done for paying attention
Yes, Moderna has apparently learned so much from making their rushed COVID-19 vaccine which doesn’t work that they’re already making an HIV vaccine they hope will be just as “safe and effective”.
In a truly startling coincidence, Moderna’s HIV vaccine began clinical trials the exact same day the “new variant” of HIV hit the headlines, and the same week as the NHS’s annual “HIV Testing Week”. Funny old world, isn’t it?
Anyway, everyone get ready to line up for the AIDS shot.
A virtually unregulated investment firm today exercises more political and financial influence than the Federal Reserve and most governments on this planet.
The firm, BlackRock Inc., the world’s largest asset manager, invests a staggering $9 trillion in client funds worldwide, a sum more than double the annual GDP of the Federal Republic of Germany.
This colossus sits atop the pyramid of world corporate ownership, including in China most recently. Since 1988 the company has put itself in a position to de facto control the Federal Reserve, most Wall Street mega-banks, including Goldman Sachs, the Davos World Economic Forum Great Reset, the Biden Administration and, if left unchecked, the economic future of our world. BlackRock is the epitome of what Mussolini called Corporatism, where an unelected corporate elite dictates top down to the population.
How the world’s largest “shadow bank” exercises this enormous power over the world ought to concern us. BlackRock since Larry Fink founded it in 1988 has managed to assemble unique financial software and assets that no other entity has. BlackRock’s Aladdin risk-management system, a software tool that can track and analyze trading, monitors more than $18 trillion in assets for 200 financial firms including the Federal Reserve and European central banks. He who “monitors” also knows, we can imagine. BlackRock has been called a financial “Swiss Army Knife — institutional investor, money manager, private equity firm, and global government partner rolled into one.” Yet mainstream media treats the company as just another Wall Street financial firm.
There is a seamless interface that ties the UN Agenda 2030 with the Davos World Economic Forum Great Reset and the nascent economic policies of the Biden Administration. That interface is BlackRock.
Team Biden and BlackRock
By now it should be clear to anyone who bothers to look, that the person who claims to be US President, 78-year old Joe Biden, is not making any decisions. He even has difficulty reading a teleprompter or answering prepared questions from friendly media without confusing Syria and Libya or even whether he is President. He is being micromanaged by a group of handlers to maintain a scripted “image” of a President while policy is made behind the scenes by others. It eerily reminds of the 1979 Peter Sellers film character, Chauncey Gardiner, in Being There.
What is less public are the key policy persons running economic policy for Biden Inc. They are simply said, BlackRock. Much as Goldman Sachs ran economic policy under Obama and also Trump, today BlackRock is filling that key role. The deal apparently was sealed in January, 2019 when Joe Biden, then-candidate and long-shot chance to defeat Trump, went to meet with Larry Fink in New York, who reportedly told “working class Joe,” that, “I’m here to help.”
Now as President in one of his first appointees, Biden named Brian Deese to be the Director of the National Economic Council, the President’s main adviser for economic policy. One of the early Presidential Executive Orders dealt with economics and climate policy. That’s not surprising, as Deese came from Fink’s BlackRock where he was Global Head of Sustainable Investing. Before joining BlackRock, Deese held senior economic posts under Obama, including replacing John Podesta as Senior Adviser to the President where he worked alongside Valerie Jarrett. Under Obama, Deese played a key role in negotiating the Global Warming Paris Accords.
In the key policy post as Deputy Treasury Secretary under Secretary Janet Yellen, we find Nigerian-born Adewale “Wally” Adeyemo. Adeyemo also comes from BlackRock where from 2017 to 2019 he was a senior adviser and Chief of Staff to BlackRock CEO Larry Fink, after leaving the Obama Administration. His personal ties to Obama are strong, as Obama named him the first President of the Obama Foundation in 2019.
And a third senior BlackRock person running economic policy in the Administration now is also unusual in several respects. Michael Pyle is the Senior Economic Adviser to Vice President Kamala Harris. He came to Washington from the position as the Global Chief Investment Strategist at BlackRock where he oversaw the strategy for investing some $9 trillion of funds. Before joining BlackRock at the highest level, he had also been in the Obama Administration as a senior adviser to the Undersecretary of the Treasury for International Affairs, and in 2015 became an adviser to the Hillary Clinton presidential bid.
The fact that three of the most influential economic appointees of the Biden Administration come from BlackRock, and before that all from the Obama Administration, is noteworthy. There is a definite pattern and suggests that the role of BlackRock in Washington is far larger than we are being told.
What is BlackRock?
Never before has a financial company with so much influence over world markets been so hidden from public scrutiny. That’s no accident. As it is technically not a bank making bank loans or taking deposits, it evades the regulation oversight from the Federal Reserve even though it does what most mega banks like HSBC or JP MorganChase do—buy, sell securities for profit.
When there was a Congressional push to include asset managers such as BlackRock and Vanguard Funds under the post-2008 Dodd-Frank law as “systemically important financial institutions” or SIFIs, a huge lobbying push from BlackRock ended the threat. BlackRock is essentially a law onto itself. And indeed it is “systemically important” as no other, with possible exception of Vanguard, which is said to also be a major shareholder in BlackRock.
BlackRock founder and CEO Larry Fink is clearly interested in buying influence globally. He made former German CDU MP Friederich Merz head of BlackRock Germany when it looked as if he might succeed Chancellor Merkel, and former British Chancellor of Exchequer George Osborne as “political consultant.” Fink named former Hillary Clinton Chief of Staff Cheryl Mills to the BlackRock board when it seemed certain Hillary would soon be in the White House.
He has named former central bankers to his board and gone on to secure lucrative contracts with their former institutions. Stanley Fisher, former head of the Bank of Israel and also later Vice Chairman of the Federal Reserve is now Senior Adviser at BlackRock. Philipp Hildebrand, former Swiss National Bank president, is vice chairman at BlackRock, where he oversees the BlackRock Investment Institute. Jean Boivin, the former deputy governor of the Bank of Canada, is the global head of research at BlackRock’s investment institute.
BlackRock and the Fed
It was this ex-central bank team at BlackRock that developed an “emergency” bailout plan for Fed chairman Powell in March 2019 as financial markets appeared on the brink of another 2008 “Lehman crisis” meltdown. As “thank you,” the Fed chairman Jerome Powell named BlackRock in a no-bid role to manage all of the Fed’s corporate bond purchase programs, including bonds where BlackRock itself invests. Conflict of interest?
A group of some 30 NGOs wrote to Fed Chairman Powell, “By giving BlackRock full control of this debt buyout program, the Fed… makes BlackRock even more systemically important to the financial system. Yet BlackRock is not subject to the regulatory scrutiny of even smaller systemically important financial institutions.”
In a detailed report in 2019, a Washington non-profit research group, Campaign for Accountability, noted that, “BlackRock, the world’s largest asset manager, implemented a strategy of lobbying, campaign contributions, and revolving door hires to fight off government regulation and establish itself as one of the most powerful financial companies in the world.”
The New York Fed hired BlackRock in March 2019 to manage its commercial mortgage-backed securities program and its $750 billion primary and secondary purchases of corporate bonds and ETFs in no-bid contracts. US financial journalists Pam and Russ Martens in critiquing that murky 2019 Fed bailout of Wall Street remarked, “for the first time in history, the Fed has hired BlackRock to “go direct” and buy up $750 billion in both primary and secondary corporate bonds and bond ETFs (Exchange Traded Funds), a product of which BlackRock is one of the largest purveyors in the world.” They went on, “Adding further outrage, the BlackRock-run program will get $75 billion of the $454 billion in taxpayers’ money to eat the losses on its corporate bond purchases, which will include its own ETFs, which the Fed is allowing it to buy…”
Fed head Jerome Powell and Larry Fink know each other well, apparently. Even after Powell gave BlackRock the hugely lucrative no-bid “go direct” deal, Powell continued to have the same BlackRock manage an estimated $25 million of Powell’s private securities investments. Public records show that in this time Powell held direct confidential phone calls with BlackRock CEO Fink. According to required financial disclosure, BlackRock managed to double the value of Powell’s investments from the year before! No conflict of interest, or?
A Very BlackRock in Mexico
BlackRock’s murky history in Mexico shows that conflicts of interest and influence-building with leading government agencies is not restricted to just the USA. PRI Presidential candidate Peña Nieto went to Wall Street during his campaign in November 2011. There he met Larry Fink. What followed the Nieto victory in 2012 was a tight relationship between Fink and Nieto that was riddled with conflict of interest, cronyism and corruption.
Most likely to be certain BlackRock was on the winning side in the corrupt new Nieto regime, Fink named 52-year-old Marcos Antonio Slim Domit, billionaire son of Mexico’s wealthiest and arguably most corrupt man, Carlos Slim, to BlackRock’s Board. Marcos Antonio, along with his brother Carlos Slim Domit, run the father’s huge business empire today. Carlos Slim Domit, the eldest son, was Co-Chair of the World Economic Forum Latin America in 2015, and currently serves as chairman of the board of America Movil where BlackRock is a major investor. Small cozy world.
The father, Carlos Slim, at the time named by Forbes as World’s Richest Person, built an empire based around his sweetheart acquisition of Telemex (later America Movil). Then President, Carlos Salinas de Gortari, in effect gifted the telecom empire to Slim in 1989. Salinas later fled Mexico on charges of stealing more than $10 billion from state coffers.
As with much in Mexico since the 1980s drug money apparently played a huge role with the elder Carlos Slim, father of BlackRock director Marcos Slim. In 2015 WikiLeaks released company internal emails from the private intelligence corporation, Stratfor. Stratfor writes in an April 2011 email, the time BlackRock is establishing its Mexico plans, that a US DEA Special Agent, William F. Dionne confirmed Carlos Slim’s ties to the Mexican drug cartels. Stratfor asks Dionne, “Billy, is the MX (Mexican) billionaire Carlos Slim linked to the narcos?” Dionne replies, “Regarding your question, the MX telecommunication billionaire is.” In a country where 44% of the population lives in poverty you don’t become the world’s richest man in just two decades selling Girl Scout cookies.
Fink and Mexican PPP
With Marcos Slim on his BlackRock board and new president Enrique Peña Nieto, Larry Fink’s Mexican partner in Nieto Peña’s $590 billion PublicPrivatePartnership (PPP) alliance, BlackRock, was ready to reap the harvest. To fine-tune his new Mexican operations, Fink named former Mexican Undersecretary of Finance Gerardo Rodriguez Regordosa to direct BlackRock Emerging Market Strategy in 2013. Then in 2016 Peña Nieto appointed Isaac Volin, then head of BlackRock Mexico to be No. 2 at PEMEX where he presided over corruption, scandals and the largest loss in PEMEX history, $38 billion.
Peña Nieto had opened the huge oil state monopoly, PEMEX, to private investors for the first time since nationalization in the 1930s. The first to benefit was Fink’s BlackRock. Within seven months, BlackRock had secured $1 billion in PEMEX energy projects, many as the only bidder. During the tenure of Peña Nieto, one of the most controversial and least popular presidents, BlackRock prospered by the cozy ties. It soon was engaged in highly profitable (and corrupt) infrastructure projects under Peña Nieto including not only oil and gas pipelines and wells but also including toll roads, hospitals, gas pipelines and even prisons.
Notably, BlackRock’s Mexican “friend” Peña Nieto was also “friends” not only with Carlos Slim but with the head of the notorious Sinaloa Cartel, “El Chapo” Guzman. In court testimony in 2019 in New York Alex Cifuentes, a Colombian drug lord who has described himself as El Chapo’s “right-hand man,” testified that just after his election in 2012, Peña Nieto had requested $250 million from the Sinaloa Cartel before settling on $100 million. We can only guess what for.
Larry Fink and WEF Great Reset
In 2019 Larry Fink joined the Board of the Davos World Economic Forum, the Swiss-based organization that for some 40 years has advanced economic globalization. Fink, who is close to the WEF’s technocrat head, Klaus Schwab, of Great Reset notoriety, now stands positioned to use the huge weight of BlackRock to create what is potentially, if it doesn’t collapse before, the world’s largest Ponzi scam, ESG corporate investing.
Fink with $9 trillion to leverage is pushing the greatest shift of capital in history into a scam known as ESG Investing. The UN “sustainable economy” agenda is being realized quietly by the very same global banks which have created the financial crises in 2008. This time they are preparing the Klaus Schwab WEF Great Reset by steering hundreds of billions and soon trillions in investment to their hand-picked “woke” companies, and away from the “not woke” such as oil and gas companies or coal. BlackRock since 2018 has been in the forefront to create a new investment infrastructure that picks “winners” or “losers” for investment according to how serious that company is about ESG—Environment, Social values and Governance.
For example a company gets positive ratings for the seriousness of its hiring gender diverse management and employees, or takes measures to eliminate their carbon “footprint” by making their energy sources green or sustainable to use the UN term. How corporations contribute to a global sustainable governance is the most vague of the ESG, and could include anything from corporate donations to Black Lives Matter to supporting UN agencies such as WHO. Oil companies like ExxonMobil or coal companies no matter how clear are doomed as Fink and friends now promote their financial Great Reset or Green New Deal. This is why he cut a deal with the Biden presidency in 2019.
Follow the money. And we can expect that the New York Times will cheer BlackRock on as it destroys the world financial structures. Since 2017 BlackRock has been the paper’s largest shareholder. Carlos Slim was second largest. Even Carl Icahn, a ruthless Wall Street asset stripper, once called BlackRock, “an extremely dangerous company… I used to say, you know, the mafia has a better code of ethics than you guys.”
F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook” where this article was originally published.
To View the Grand Jury Hearing from The “People’s” Court of Public Opinion , Select Either of the Source Links Below.
A group of international lawyers and a judge are conducting criminal investigation modelled after Grand Jury proceedings in order to present to the public all available evidence of COVID-19 Crimes Against Humanity to date against “leaders, organizers, instigators and accomplices” who aided, abetted or actively participated in the formulation and execution of a common plan for a pandemic.
This investigation is of the people, by the people and for the people, so that you can be part of the jury.
Through showing a complete picture of what we are facing, including the geopolitical and historical backdrop – the proceeding is meant to create awareness about the factual collapse of the current, hijacked system and its institutions, and, as a consequence the necessity for the people themselves retaking their sovereignty.
Liberty International News 