Blackrock will spend 18mo shifting 85% of their ETF Assets from State Street. This is a $1.87 Trillion dollar move. The Great Reset continues. bloomberg.com/news/articles/…
For those asking what this means. The public line is that it mitigates concentrated risk by dispersing ETF custody business to 3 other parties, rather than 1. Blackrock believes it will lower custodian costs.
It may do these things. But this is too big of a realignment to not notice. Wealth concentrates. What this does for those at the top is likely far more than it will ever do for those anywhere else, especially those at the bottom. The global elite are resetting the board.
Some think this is a hedge against collapse. Maybe. But I believe we're in a controlled freefall, meaning collapse is already here and being managed all around you.
This is catching the pieces on the way down and resetting them to your liking before Joe Public comes to the understanding the bottom has already fallen out.
Current Realities.
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"Disproportionate increase of death from cardiovascular
diseases was observed both among medical workers and elderly people who received COVID-19 vaccine compared with general population."
"Distribution of the number of days to death from inoculation of COVID-19 vaccine is similar to that of incubation period of COVID-19. Based on such evidence and biological plausibility, causality between death from cardiovascular diseases and COVID-19 is substantially supported"
1 month ago inflation hit a 30 year high.
Today it hit a 39 year high.
What will it be in another month?
Has inflation been higher than this in the past? Sure. But back then we were able to raise interest rates to get inflation under control. It has been raised as high as 20% in the past to curb and control inflation.
But these days? The US government has so much debt, raising the interest rates to even 5% would hyper accelerate collapse. It's not possible to raise interest rates that high anymore. Even 2.5% is wildly questionable. The US debt/GDP ratio is the highest its ever been.
Expectations: China cuts things by half, meaning realtors and their industry get pushed out to reduce costs, a cap on prices gets initiated, and you see property listed at 0.5x to push fluidity back into the market.
This is possible in a top down economy like China's, though admittedly difficult. Expect this to play out through most of 22'.
Thread
Choosing an issue:
A lot of people aren't sure where to start in terms of fixing government. The problems seem too large. The obstacles too many. The players too numerous. The issues are never ending.
Below are criteria for HOW to choose an issue...
1. Will the issue result in a real improvement in people’s lives? 2. Will the issue give people a sense of their own power? 3. Will the issue alter the relations of power?
4. Will addressing the issue be worthwhile? 5. Is the issue winnable? 6. How widely felt is the issue? 7. How deeply felt is the issue?
The Chart demonstrates how the US Federal government raised revenue from its inception until 2016. We can see as the concept of Jeffersonian America waned and diminished, within a lifetime the ability of the Federal...
government to tax its citizens in any manner it wished skyrocketed. The Jeffersonian understanding of America was alive in Andrew Jackson as he destroyed the Bank of the United States.