Blackrock is the world’s largest asset management and investment firm. It invests more than $10 trillion in client funds, a mountain of cash that casts a shadow over the GDP of many countries, including Germany, the fourth largest GDP in the world. It is fair to say it controls, or has outsized influence, on the Federal Reserve, Wall Street banks, including Goldman Sachs and Vanguard, the WEF meet and greet at Davos (and its control freak Great Reset), and all that follows, including President Biden and Congress.
Larry Fink, the founder, and CEO of Blackrock has teamed up with the Man in Perpetual Green, Ukrainian President Volodymyr Zelenskyy. “Specialists of this company are already helping Ukraine to structure the fund for the reconstruction of our state,” said Green Man after a video call with Fink, according to Bloomberg.
Zelenskyy has taken his worldwide panhandling act to the next level. According to Zelenskyy’s government web page—up and running, although average Ukrainians are freezing in the dark—Larry Fink will help drum up the funds to rebuild what will be blown up again. (As for Zelenskyy’s website, it is safe for the moment, hosted as it is in Santa Clara, California.)
In accordance with the preliminary agreements struck earlier this year between the Head of State and Larry Fink, the BlackRock team has been working for several months on a project to advise the Ukrainian government on how to structure the country’s reconstruction funds.
Zelenskyy and Fink “agreed to focus in the near term on coordinating the efforts of all potential investors and participants in the reconstruction of our country, channelling investment into the most relevant and impactful sectors of the Ukrainian economy,” CNBC reports.
Good luck with that. It might be a good idea to glance at Ukraine’s massive corruption before investing a dime in that black hole. According to Transparency International, Ukraine is the second most corrupt country in Europe and ranked 120 out of 182 of the most corrupt countries in the world.
According to Dragon Capital, the richest Ukrainian oligarchs in 2016, two years after the USG-orchestrated coup in Kyiv, have accumulated over $11 billion, almost 13% of Ukraine’s GDP.
Much of the money accrued by Rinat Akhmetov, Ihor Kolomoyskyi, Victor Pinchuk, and former president and confectionary/automotive magnate Petro Poroshenko, was taken through the neoliberal organized theft of public assets, known as privatization. Kolomoyskyi is a major funder of the neo-Nazi group, Right Sector. He is widely seen as the puppet master of the former comedian and current president Zelenskyy. His reach includes business operations in the US.
Ukraine is a money launderer’s dream come true. Its banking sector thrives on Ponzi schemes. Oligarchs reap fortunes skimming billions from government-subsidized gas prices. Corrupt officials collaborate with oligarchs to monopolize business. In 2015, it was determined less than 50 percent of businesses in Ukraine turned a profit, and 9.8 of all business operations were controlled by and benefited corrupt government officials and the oligarchs they work for.
In July, the Associated Press reported,
Ukrainian President Volodymyr Zelenskyy’s dismissal of senior officials is casting an inconvenient light on an issue that the Biden administration has largely ignored since the outbreak of war with Russia: Ukraine’s history of rampant corruption and shaky governance.
Of course, Biden—or that is, since he is obviously cognitively impaired, his neocon “advisers”—do not give a hoot about the suffering of average Ukrainians victimized by free-hand oligarchs and corrupt government officials. It’s all about Russia, China, and the role of the world hegemon.
Earlier this year, Larry Fink told stockholders “Russia’s invasion of Ukraine is reversing the long-running trend of globalization.” Strangely, Fink seems to believe Russia’s effort to keep NATO out of Ukraine and away from its western border has “exacerbated the polarization and extremist behavior we are seeing across society today.” Submit, lest you be tarred and feathered as a polarized extremist.
It now appears Fink’s cherished globalization is headed for the rocks as the growth of capital markets slow and the centrally managed economy pivots toward recession (actually a full-blown depression, but this scary subject is rarely broached in the respectable, misinformation, narrative-strict corporate propaganda media).
Larry’s not alone in his waking nightmare. Oaktree Capital Management founder Howard Marks also loses sleep over the demise of centralized, corporate-driven, neoliberal-infused, government-enforced globalization. Marks and WEF said in April “the war is forcing the pendulum of international affairs to swing away from globalization as companies and governments rethink their interdependence.”
To be sure, authoritarian regimes often cut themselves off from the global market for a host of reasons—Russia’s Vladimir Putin is just one example.
If not for lies, these guys would stand naked. According to the World Economic Forum, Putin is an “authoritarian” because he understands the global elite want to kill him, destroy Russia, and turn its JDAM-blasted smoldering remains into mutually hostile little bantustans, thus easily plundered and controlled. It has nothing to do with interdependence or the joke that is democracy. That’s feel-good PR pablum designed to deceive you.
“The basic problem with globalization is not hard to grasp,” writes Mike Whitney. “The giant corporations have outsourced millions of high-paying manufacturing jobs to low wage platforms across Asia leaving behind thousands of shuttered factories and broken communities, a sharp spike in opiate addiction, and the steady erosion of living standards.”
Putin argued the elite are oblivious to the effect of their predation. I disagree. Pathocrats enjoy witnessing the misery of millions, that’s how they get their jollies. If they are oblivious to anything, it is that many of them may be swinging from lamp posts before this is over.
It seems like elites don’t see the deepening stratification in society and the erosion of the middle class…(but the situation) creates a climate of uncertainty that has a direct impact on the public mood. Sociological studies conducted around the world show that people in different countries and on different continents tend to see the future as murky and bleak. This is sad. The future does not entice them, but frightens them. At the same time, people see no real opportunities or means for changing anything, influencing events and shaping policy. As for the claim that the fringe and populists have defeated the sensible, sober and responsible minority—we are not talking about populists or anything like that but about ordinary people, ordinary citizens who are losing trust in the ruling class. That is the problem.
Zelenskyy and Fink are preparing to turn a profit on the destruction of Ukraine. “Bringing in BlackRock signals the beginning of the much-anticipated shift from bilking taxpayers to bilking private investors,” writes JD Rucker.
BlackRock will wield its tremendous influence over corporations across the globe to funnel as much private equity into the nation as possible where the money will be distributed to all powerful parties [oligarchs] that need their palms greased.
Corrupt government officials (many of them Ukronazis) and the psychopathic oligarchs they serve will profit from the Zelenskyy-Fink scheme to rebuild what Russia will knock down. Russia is determined, for the sake of its national security, to turn Ukraine into a toothless, nazi- and NATO-free rump state, a former oligarch-dominated state busted up into little harmless and easily controlled remnants.
I don’t have a crystal ball, but I believe Zelenskyy will ultimately flee the country with a proverbial suitcase stuffed with fiat greenbacks and equally devalued paper money of the European Union, following in the footsteps of previous defeated and humiliated autocrats.
Larry Fink will continue to be Larry Fink. He will push “stakeholder capitalism,” squeaky clean window dressing for predatory neoliberalism. Larry knows what side of his bread gets the butter, that’s why he has embraced “woke” politics. “Stakeholder capitalism might just force CEOs to think twice before doing things that hurt the public,” the New York Post surmises.
More PR poison. For “Klaus Schwab and the WEF, the framework of stakeholder capitalism must be globalized,” observes Michael Rectenwald at Mises Wire. Schwab and the WEF have high hopes for rebranded neoliberalism merged with the preposterous “woke” ideology.
Not going to happen. The collective nations of the world, led by the example of Russia, will ultimately pitch neoliberalism into the dustbin of history. The problem is WEF and globalist psychopaths, deluded by mental illness and corrosive hubris. They may indeed begin the process of irradiating the planet and making any sort of social and commercial activity a relic of a forgotten past.