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There Is More to BlackRock Than You Might Imagine

There is More to BlackRock Than You Might Imagine
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 . ” ....

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Climate change: Central banks' new inflation puzzle | Hellenic Shipping News Worldwide

For Bank of England chief Andrew Bailey, tackling climate change carries inflation risks if you do too little, too late. For Larry Fink, head of investment giant BlackRock, the risk is if you go too fast. Who’s right? The answer will depend on how policymakers, investors and consumers square up to the complex set of . ....

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Will BlackRock Thwart Progress on China Human Rights? - National Legal & Policy Center

Will BlackRock Thwart Progress on China Human Rights?
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Antony Blinken/PHOTO: US Embassy Moldova (CC)
BlackRock, the world’s biggest money manager, has successfully placed executives from its own ranks in key positions on President Joe Biden’s economic team.
Considering the firm’s clear emphasis on progressive policies in investment decisions – called Environmental, Social, and Governance (ESG) – it doesn’t surprise that its alumni would be among the economic decision-makers at the White House.
The BlackRock veterans are:
Mike Pyle, who will be Vice President Kamala Harris’s chief economic adviser. He was BlackRock’s Global Chief Investment Strategist after a stint in the Obama administration. ....

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