BlackRock | The Company that owns the World
You may have never heard of them, but I guarantee they're having some kind of impact on your life, your debt, the cost of things in the world around you, and even our environment.
2021-10-05 19:00:00 - Sorelle Amore Finance
I wanted to create a little bit of a different video here, to shine some light on some of the reasons the world is the way it is, especially in regards to the economic state of things.
Sometimes, you might think that debt, credit, ownership, and prices are just the way they are by accident. But here, I'll show you that due to the way the world is owned, a lot of this is on purpose.
This is scary. Really scary. And what's concerning is BlackRock (and their main competitor Vanguard) is only getting more and more powerful by the day. But the good news is, the power is in our hands.
00:00 - This company owns the world
00:48 - Splitting this video into two parts
01:13 - Part 1: The Problem
05:18 - BlackRock's circular ownership
06:41 - News diversity, or lack thereof
07:47 - Over $9 Trillion in assets
08:59 - The environmental issues
10:24 - Intermission
11:04 - Part 2: The Solution
14:28 - Outro