Blackrock

Which I suppose leads to the question, "are they too big to fail"?

Or would Trump be glad to see the back of them??

I dont know enough to know.

There will be a huge number of people whose wealth will diminish considerably, if not vanish altogether, if BlackRock goes under.

CariadAgain

Just looked up info. I've kept tabs on re Black Rock.

1. "How Blackrock is quietly buying up British homes" - Mikey Tayo channel on YouTube.

2. How Blackstone supports Ancestry's vision with CEO Deb Liu (Youtube). Blackstone is another name for Blackrock. (errrm...why do they want tabs on our DNA?)

3. In 2024 they launched £100 million hedgefund to buy up farmland across Britain.

4. YouTube video "Neil Oliver interviews Edward Dowd - they've created a monster". Edward Dowd formerly worked for Blackstone.

5. They've recently bought the Panama Canal ports for $22.8 billion.

They certainly get their tentacles into all sorts.

One can see how if a colossus crashes it could have quite an impact.

Quite

They have assets of $13 trillion apparently.

Lehman had assets of something like $745 billion in 2008
Even allowing for inflation, Lehman was a minnow compared to Blackrock

Blackrock have recently made substantial losses with a couple of things.
Whether it is substantial enough to rock the financial systems, only time will tell I would have thought.

Just looked up info. I've kept tabs on re Black Rock.

1. "How Blackrock is quietly buying up British homes" - Mikey Tayo channel on YouTube.

2. How Blackstone supports Ancestry's vision with CEO Deb Liu (Youtube). Blackstone is another name for Blackrock. (errrm...why do they want tabs on our DNA?)

3. In 2024 they launched £100 million hedgefund to buy up farmland across Britain.

4. YouTube video "Neil Oliver interviews Edward Dowd - they've created a monster". Edward Dowd formerly worked for Blackstone.

5. They've recently bought the Panama Canal ports for $22.8 billion.

They certainly get their tentacles into all sorts.

One can see how if a colossus crashes it could have quite an impact.

You've been lied to all your life about how national budgets work, Cariad so why bother about it now?

Shall be watching this with interest - as I've heard that possibility mooted - just because they own such huge amounts of everything (including in our country).

Time will tell.

Though right now and I find a bit of our own last budget incredible - our Chancellor lying to us about how much money is/isnt available does not bode well. Followed by she's going to pay out our money to reinstate benefits for child no. 3 and onwards in a household! (Why? When that particular benefit was removed some years back it was only for children that hadnt yet been conceived - ie 10 months notice was given and the cut didnt apply to existing children).

But - yep....nervously watching all round as to just what might happen - with money being taken off "yer ordinary person in the street" across the world on the one hand and absolutely filthy rich organisations/families on the other hand.

The wealth disparity is SO huge and SO much wealth is concentrated in so few hands across the world that it's not a pretty picture.

Why Blackrock? What has it been up to?

'Something' is going to trigger a financial crash, US stock market is way too high. AI companies seriously over valued. I thought it might happen when Theil sold his entire Nvidia holdings, but it's carrying on.