With the Meeting of the minds (G7) just happening and our Alzheimers Resident bowing to Putin's NordStream 2 here are my thoughts from early June onsome of the implications.
Incoming thread: Blackrock, The Great Reset, Digital Currency
With the CARES Act, Congress asked the Federal Reserve to step in and directly support markets through expanding its balance sheet and buying bonds, ETFs, and mortgage backed securities wsj.com/articles/the-f…
This essentially means the US Treasury and the Fed are acting as one and the same--1) Congress passes spending, 2) Treasury funds the spending by issuing bonds,
3) The Fed buys the bonds--giving Congress what amounts to an infinite money cheat code. And they are using it to buy everything.
"We are honored to be in a position in which we can support more Chinese investors access financial markets," BlackRock Chief Executive Officer Larry Fink said in a statement on Friday.
BlackRock's announcement comes a month after it received a licence to operate a majority-owned wealth management venture in China. The New York-headquartered firm also owns a minority stake in a mutual fund venture with Bank of China Ltd (601988.SS).
"If the U.S. economy descends into an inflation spiral like that experienced after World War II, we could be on the brink of excruciating economic pain."
"The Fed’s balance sheet has almost doubled during the pandemic to nearly $8tn. That compares with the 2008 crisis when it only increased by a little more than $1t, and then increased another $2tn in the subsequent six years.”
What does the Mayor of a college town in the U.S. have in common with the President of France? The daughter of an American political family & Norwegian Royalty? Crenshaw & a Chinese Science Minister? Supposed Grassroots Tulsi and a young Kennedy?
How are they being used to participate in a global reset? And why are they all participating in a 5 year development program designed to place individuals into positions of power all across the world to drive the 4th industrial revolution?
Well lets peel some layers back and see just what is behind some of the “4th industrial revolution” and where it takes us as a world.
"The pandemic represents a rare but narrow window of opportunity to reflect, reimagine, and reset our world" weforum.org/focus/the-grea…
Blackrock is buying every single family house they can find, paying 20-50% above asking price and outbidding normal home buyers. Why are corporations, pension funds and property investment groups buying...
entire neighborhoods out from under the middle class? Lets take a look. Homes are popping up on MLS and going under contract within a few hours. Blackrock, among others, are buying up thousands of new homes and entire neighborhoods. blackrock.com/us/individual
So who is Blackrock? Only the worlds largest asset manager and the leading proponent of The Great Reset. Theyre looking to redistribute -Get this- $120Trillion dollars. The entire wealth of the worlds middle class and poor combined several times over.