Who Controls Global Economy? BLACKROCK - VANGUARD - STATE STREET

Summary

This video script delves into the surprising control a small group of people exerts over major global corporations, including tech, media, pharmaceuticals, and more. It highlights how investment funds like BlackRock, Vanguard, and State Street, collectively managing trillions in assets, own significant stakes in companies that influence our daily lives. The video raises questions about the concentration of wealth and power, suggesting a hidden hand shaping economic and social policies for the benefit of a financial elite.

Takeaways

• 🌐 The script discusses the surprising interconnectedness of major global corporations, suggesting they are controlled by a small group of people.
• 🔍 It highlights how a single day's activities, from social media to travel bookings, can involve companies all linked to the same investors.
• 🏦 The 'Big Three' investment funds — BlackRock, Vanguard, and State Street — are identified as having significant control over a vast array of global businesses.
• 💰 These three funds manage approximately $30 trillion in assets, which is more than all sovereign wealth funds combined and nearly five times larger than the global hedge fund industry.
• 📈 They have direct control over more than 1,600 large companies, employing 23 million people worldwide, and own about 90% of the S&P 500 listed companies.
• 🔎 The script challenges viewers to investigate the ownership of major companies, suggesting a high probability of finding one of the 'Big Three' as major shareholders.
• 🤝 The relationships between these funds and global entities like central banks and governments are underscored, hinting at a complex web of influence and control.
• 🏢 BlackRock is described as having particularly strong ties with governments and central banks, positioning it as a significant global financial player.
• 💼 The unique structure of Vanguard is noted, making its ownership less transparent and suggesting it is part of a private network of wealth.
• 🌱 The script critiques the current political and monetary system, arguing it favors the financial elite and exacerbates wealth inequality.

Q & A

What is the common point among all the companies mentioned in the short story?

The common point among all the companies mentioned is that they are all owned by the same small group of people.

Who are the three largest investment funds mentioned in the script?

The three largest investment funds mentioned are State Street, BlackRock, and Vanguard.

How much is the approximate total assets under management for BlackRock, Vanguard, and State Street combined?

Together, BlackRock, Vanguard, and State Street have approximately thirty trillion dollars in assets under management.

What percentage of the S&P 500 companies do these three investment funds own?

These three investment funds together own approximately 90% of the companies listed in the S&P 500.

What is the significance of the ownership of these investment funds over large corporations?

The ownership signifies that a small group of entities has significant influence over a large portion of the global economy, affecting various sectors and potentially impacting the lives of many people worldwide.

What is the role of BlackRock in the financial industry according to the script?

BlackRock is not only an asset manager but also an auditing and consulting firm with its main clients being governments and central banks. It has strong connections with the world's largest central banks, particularly the Federal Reserve.

Why is Vanguard's ownership structure considered unique and difficult to identify?

Vanguard's ownership structure is unique because it is a privately held company, and its owners prefer to avoid attention. It claims that its owners are the investment funds that the company itself manages.

What is the relationship between Vanguard and BlackRock as depicted in the script?

The script depicts that Vanguard is the largest shareholder of BlackRock, indicating a close relationship between the two entities.

How does the script suggest that the current political and monetary system affects wealth distribution?

The script suggests that the current political and monetary system, which includes policies like increasing the money supply without proper backing and accumulating exorbitant debts, favors the financial elite at the expense of the rest of society, particularly the poorest individuals.

What is the implication of the strong alignment between the discourses of governments, media, and large corporations as mentioned in the script?

The implication is that there might be a coordinated effort or shared interests among these entities, potentially leading to the promotion of certain obscure agendas that may not always align with the public's best interests.

What is the main message the script conveys about the intentions of the political and financial elite?

The script conveys that the political and financial elite, while claiming to work for the betterment of the planet and the well-being of people, may primarily be focused on maintaining their own power and wealth.

Outlines

00:00

🌍 Global Economic Control

This paragraph discusses how a small group of people own and control major corporations across various sectors of the global economy. It starts with a relatable scenario of someone inspired by a co-worker's vacation photos to book a trip to France, using services like Google, Airbnb, Uber, and American Airlines. The script then reveals that these companies, along with many others, are controlled by three major investment funds: BlackRock, Vanguard, and State Street. These funds have immense assets under management, surpassing the GDP of most nations, and hold significant influence over a vast array of companies, including tech giants, media corporations, pharmaceuticals, and more. The narrative suggests that this concentration of power is not widely known but has profound implications for global economic control.

05:00

🏦 The Financial Elite's Influence

Paragraph 2 delves into the inner workings and influence of BlackRock and Vanguard, two of the three major investment funds mentioned earlier. BlackRock is portrayed as a powerful entity with over ten trillion dollars in assets, having close ties to governments and central banks. It is involved in auditing and consulting for financial institutions, some of which it also owns, raising questions about potential conflicts of interest. The paragraph also discusses how BlackRock's consulting arm was chosen by the Federal Reserve to manage an emergency asset purchase program, which included BlackRock's own funds. Vanguard is highlighted as the largest provider of mutual funds with a unique, privately-held structure that obscures its ownership. The narrative suggests that these funds are controlled by a small elite, possibly including some of the wealthiest and oldest families in the world, who benefit from current monetary and fiscal policies that favor the financial elite.

10:01

🌳 Agendas of the Wealthy

The final paragraph touches on the impact of the financial elite's control on global discourse and policy. It suggests that the same elite that dominates the world behind the scenes is driving agendas related to environmental issues, identity causes, and a reshaping of capitalism. The paragraph implies that while these agendas are presented as beneficial for the planet and society, they are actually implemented by the same group with the primary goal of maintaining their power and wealth. The script concludes by encouraging viewers to subscribe for more information on global economic and political curiosities, hinting at a broader conspiracy of control and influence.

Keywords

💡Investment Funds

Investment funds are collective investment vehicles that pool money from various investors to invest in a diversified portfolio of assets such as stocks, bonds, or other securities. In the context of the video, investment funds like BlackRock, Vanguard, and State Street are highlighted as having significant control over major corporations worldwide, thus wielding considerable influence over the global economy.

💡Control

Control, in this video, refers to the power to influence or direct the actions of others, particularly in a corporate or economic context. The script discusses how a small group of people, through investment funds, controls a vast array of companies, suggesting a concentration of power that affects various sectors of the economy.

💡Global Economy

The global economy encompasses all economic activities and interactions that occur on a worldwide scale. The video script implies that a few investment funds have extensive control over major corporations, thereby impacting the global economy's structure and functioning.

💡Concentration of Wealth

Concentration of wealth refers to the accumulation of a large share of assets or income among a small percentage of the population. The video suggests that a small elite, through their control of investment funds, holds a disproportionate amount of wealth and influence, which is a significant theme in the discussion of economic inequality.

💡BlackRock

BlackRock is a prominent asset management company mentioned in the script as one of the 'Big Three' investment funds, along with Vanguard and State Street. It is noted for its vast assets under management and its connections with governments and central banks, indicating its significant role in the financial sector.

💡Vanguard

Vanguard is an investment management company that is portrayed in the video as the largest provider of mutual funds and a major player in the global financial landscape. Its unique structure and the obscurity of its ownership make it a central point of discussion regarding the concentration of wealth and power.

💡State Street

State Street is an asset management and financial services company that, along with BlackRock and Vanguard, forms part of the 'Big Three' investment funds discussed in the video. It is noted for its substantial assets under management and its role in the financial industry.

💡Corporate Control

Corporate control refers to the ability to influence or determine the policies and actions of a corporation. The video script suggests that a few investment funds have significant corporate control over a vast number of companies, which raises concerns about the distribution of power in the business world.

💡Sovereign Wealth Funds

Sovereign wealth funds are state-owned investment funds that invest in various assets globally. The video contrasts these with the 'Big Three' investment funds, highlighting the latter's greater assets under management and their broader influence over the global economy.

💡Monetary Policy

Monetary policy refers to the actions of a central bank that influence the supply and cost of money in an economy. The video implies that the current monetary policy, which involves increasing the money supply without proper backing, favors the financial elite and contributes to the concentration of wealth.

💡Fiscal Policy

Fiscal policy involves government spending and taxation decisions that influence the economy. The video suggests that current fiscal policies, characterized by accumulating large debts, disproportionately benefit a financial elite at the expense of the broader population.

Highlights

Control of major corporations by a small group of people

Ownership of companies like Facebook, Instagram, Google, and Airbnb by investment funds

State Street, BlackRock, and Vanguard's combined assets under management exceed $30 trillion

These three investment funds have direct control over more than 1600 large companies

Ownership of approximately 90% of the S&P 500 companies by BlackRock, Vanguard, and State Street

Influence of these funds on global companies, including tech, media, pharmaceuticals, and more

State Street's management of over $3.5 trillion in assets

Vanguard and BlackRock's significant shareholding in State Street

BlackRock's role as the largest asset manager with over $10 trillion in assets

BlackRock's connections with governments and central banks

BlackRock Solutions' involvement in auditing and consulting for governments and central banks

Larry Fink's influence as the CEO of BlackRock and his support for environmental and humanitarian causes

Vanguard's unique structure and its status as the largest provider of mutual funds

The concentration of wealth among a small percentage of the global population

The impact of current political and monetary systems on the growth of investment funds

The alignment between governments, media, and corporations in promoting certain agendas

The potential conflict of interest in BlackRock's dual role as auditor and asset manager

The call to action for viewers to verify the information and subscribe for more content

Transcripts

imagine that on a certain day you are browsing  Facebook or Instagram when you see photos of  

your co-worker on vacation in France you feel  like doing the same and search on Google for  

some flight deals to the France and then you  make the purchase you take the opportunity and  

on the same day you already book accommodation  in Paris through Airbnb on the day of the trip  

you're woken up early by your iPhone alarm clock  and you take an Uber to the airport while waiting  

you buy a McDonald's sandwich and a Coca-Cola to  have something to eat until it's time to board  

your American Airlines flight aboard a Boeing 737  would you be able to tell what is the common Point  

among all the companies mentioned in the short  story you probably don't know but all of them  

are owned by the same small group of people but  what if I tell you that it doesn't stop there and  

this same small group of people has total control  over all the major corporations in every sector of  

the global economy if you're curious watch this  video Until the End because what I've mentioned  

here is just the beginning of the whole story but  before anything else I ask you to leave a like And  

subscribe to the channel if you haven't already it  helps our Channel grow and allows our content to  

reach more people it may not be news to you that  the largest companies in the world are controlled  

by a small number of investment funds after all  the corporate world is a kind of Labyrinth an  

interconnected Network where everyone seems to own  everything but that is only true up to a certain  

point together these corporations form a sort of  pyramid where smaller groups belong to larger ones  

and at the top of this pyramid the three largest  investment funds Stand Out exerting direct or  

indirect influence over the others they are State  Street BlackRock and Vanguard together BlackRock  

Vanguard and State Street have approximately  thirty dollars trillion in assets under management  

that's more than all Sovereign wealth funds  combined and nearly five times the size of the  

global hedge fund industry The Big Three as they  are commonly known have direct control over more  

than sixteen hundred large companies that employ  a total of 23 million people worldwide these three  

investment funds together own approximately  90 of the companies listed in the sep 500.  

the index that measures the performance of the  500 largest American companies in terms of market  

capitalization this amounts to around thirty  dollars trillion in updated values a figure  

surpassing the GDP of any Sovereign Nation on  the planet the power of these three companies  

goes beyond what your imagination can grasp just  out of curiosity when you visit the Yahoo finance  

website and search for the largest shareholders of  the biggest companies in the world the probability  

of not finding one of these three companies among  them is extremely low the larger the company and  

the greater its influence over people's lives the  higher the probability that it is controlled by at  

least one of these three funds all the big tech  companies such as Google IBM Amazon and Facebook  

are controlled by them all the major media  corporations like Disney Viacom Fox Time  

Warner and Comcast as well major pharmaceutical  companies like Pfizer and Johnson Johnson along  

with numerous other large companies in the  airline Hospitality apparel food Automotive  

Banking and payment sectors are also under  their control from Coca-Cola to Pepsi  

from Apple to Microsoft from visa to MasterCard  from the electric car and solar panel sector  

to the oil and Mining sector these three groups  own the largest companies in all sectors across  

all Industries and if you have doubts about it  don't just take my word for it verify it yourself

among the three groups State Street is by far  the smallest yet the company alone manages  

over 3.5 trillion in assets nearly doubled the  current GDP of Brazil however when we look at  

the largest shareholders of State Street to  our surprise we find Vanguard and Blackrock  

in the first and second positions BlackRock  is the largest and most well-known arm of the  

big three the company manages over ten dollars  trillion in assets and has strong connections  

with governments being considered by the  press as the fourth power of the American  

Nation BlackRock has close ties with the world's  largest central banks particularly the Federal  

Reserve many of blackrock's employees are former  high-ranking government and Central Bank officials  

in addition to being an asset manager BlackRock  is also an auditing and consulting firm with its  

main clients being governments and central banks  the auditing arm of BlackRock called BlackRock  

Solutions is often invited by governments to  audit and oversee financial institutions at the  

same time blackrock's Asset Management division  is often the majority shareholder of the very same  

financial institutions that it audits in other  words governments hire BlackRock to oversee and  

audit companies that are owned by BlackRock itself  in addition during audits BlackRock Solutions has  

constant access to privileged information  from competitors which is extremely useful  

for BlackRock itself similarly in March 2020  the Federal Reserve chose without any kind of  

bidding process blackrock's Consulting arm F May  to manage the emergency asset purchase program  

which included the purchase surprisingly of the  very funds managed by BlackRock according to the  

company itself none of these cases constitute  a conflict of interest as BlackRock claims that  

the sectors responsible for auditing Consulting  and asset management are separate and entirely  

independent entities the company is managed by  Larry Fink an influential figure in the global  

political and financial Arena also known for  being a strong supporter of environmental and  

humanitarian causes surely he is another great  human being concerned about the environment and  

the well-being of the less fortunate however  Larry Fink does not manage the company alone  

like any publicly traded company BlackRock has  shareholders and the largest among them to your  

surprise or not is none other than Vanguard  Vanguard group is an investment management  

company as well as a consultancy firm it has over  seven dollars trillion in assets under management  

and is the largest provider of mutual funds and  the second largest provider of index funds in the  

world second only to Blackrock itself unlike other  companies in the sector Vanguard has a unique  

structure that makes its ownership more difficult  to identify therefore the question arises  

who is behind Vanguard it is not possible to  know for sure because Vanguard is a privately  

held company apparently the owner's Vanguard  prefer to avoid attention Vanguard claims that  

its owners are the investment funds that the  company itself manages and through research on  

the subject some investment funds can be linked to  Vanguard such as Rothschild investment Corps and  

Edmund de Roth's child holding reports from Oxfam  and others state that one percent of the world's  

population holds the same wealth as the other 99  combined even worse Oxfam claims that 82 percent  

of all the money earned in 2017 went to this one  percent according to Forbes the renowned business  

magazine in its report published in April 2021  there were 27 55 billionaires in the world a it  

is not difficult to conclude that Vanguard belongs  to a small Elite of individuals many of whom are  

members of the wealthiest families on Earth some  of these families have been wealthy since before  

the Industrial Revolution and have maintained  their wealth to this day many of these families  

including some of Royal lineage are the founders  of our banking system and various other sectors  

of our economy the current monetary policy of  central banks which indiscriminately increases  

the money supply without proper backing combined  with the fiscal policy of governments accumulating  

exorbitant debts that will likely never be repaid  except through inflation favors the financial  

Elite at the expense of the rest of society  particularly the poorest individuals at the bottom  

of the social pyramid it is no coincidence that  2020 according to Forbes witnessed the largest  

growth in the number of billionaires and their  respective Fortunes in history while hundreds of  

millions of people were condemned to Poverty the  exponential growth in recent years of investment  

funds such as Vanguard BlackRock and State Street  which threatened to control the entire Global  

corporate world is nothing more than a reflection  of the distortions caused by our current political  

and monetary system in this context considering  everything that has been said in this video it  

is not difficult to see how and why we observe  such a strong alignment between the discourses  

of governments media and large corporations from  all sectors around obscure agendas that often  

go against their own interests these agendas  include environmental issues identity causes  

and a supposed reshaping of capitalism towards a  more sustainable and inclusive production system  

as they themselves like to claim all of this of  course is implemented and managed by the same  

political and financial Elite that long dominated  the World Behind the Scenes with the soul and  

exclusive purpose of saving the planet and  improving your life without a shadow of a doubt  

they're doing all of this thinking exclusively  about you and your well-being if you enjoyed the  

content please leave a like And subscribe to  the channel if you're interested in receiving  

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