The difference between a conspiracy theory and reality is a few months. These petty tyrants are predictable but they have enough useful idiots behind them to keep the momentum. Just say no: https://yuribezmenov.substack.com/p/how-to-say-no?s=w
didn't the CIA coin "conspiracy theorist" for people trying to expose the UFO research coverups? if so, it only took about 70-80 years for that group to be validated with official "defense" department data dumps.
hopefully it's like Moore's Law with computer hardware and we'll see greater and greater reductions in time between "theory" and official validation.
I believe it was the CIA, but I think it was to disparage those “kooks” who didn’t buy the Warren Commission’s lame ass attempt to cover up the Kennedy assassination.
It’s been obvious that the endgames are totalitarian tyranny & depopulation from tre earliest time you could see daylight between what was being done as NPIs & the evidence that they do nothing useful at all.
I date that to no later than mid April 2020 in UK. I was too cautious then, though later in the same year, I knew I had known after all.
It is curious how the uber-rich have always been the big promoters of Malthusianism. It allows them to claim they are saving the world by impoverishing everyone but themselves. Allows them to claim morality while doing evil.
On the flip side it is wonderful for everyone who already sees the truth to have the confirmation and community to stand with while the insanity whirls around us.
Absolutely right. The gaslighting by governments can be overwhelming and make one reconsider his perception of the horrifying reality descending on the world.
Now we must go forth and spread discord of the official narrative. Speak out about vaccine failure and harm. Every lie of the narrative must be contested to sow the seed of doubt in listeners' minds.
Substack is for me reflecting groups that are pushing back around the globe. Censors have done more to create health freedom activists than Banksters did to inspire Occupy Wall Street. Hunt around you'll find your niche. :~)
"and hey, i’m sure they’ll probably manage to keep those first 2 promises. watch out for that third one though. i have some real doubts about it it…"
That third promise is also on the table, at least this is the goal. What they ultimately want to achieve is behavior control and behavior modification via the use of technology (wearables and injectables) and pharmaceuticals.
"Some theorists argue that moral bioenhancement ought to be compulsory. I take this argument one step further, arguing that if moral bioenhancement ought to be compulsory, then its administration ought to be covert rather than overt."
A few quotes by Bertrand Russell from his book: "The Impact of Science On Society (1953)":
"Diet, injections, and injunctions will combine, from a very early age, to produce the sort of character and the sort of beliefs that the authorities consider desirable, and any serious criticism of the powers that be will become psychologically impossible. Even if all are miserable, all will believe themselves happy, because the government will tell them that they are so."
"Gradually, by selective breeding, the congenital differences between rulers and ruled will increase until they become almost different species. A revolt of the plebs would become as unthinkable as an organized insurrection of sheep against the practice of eating mutton."
Remember the final thoughts of Winston Smith in "1984" -- "But it was all right, everything was all right, the struggle was finished. He had won the victory over himself. He loved Big Brother.”
Yes. They've broken him, he's turned on Julia, he's forced himself not just to agree to what the Party says but to believe it, and he even knows at this point (last paragraph of the book) that he's probably going to get a bullet in the back of the head, but he's okay with that too, because the Party is always right and ... he loves Big Brother.
yeah, this has been the grand plan/design for ages.
people have been saying crap like this since the club of rome and even earlier. malthusian delusions and the purported need to take over the world to effect collectivist technocratic solutions has been the polestar for avaricious academics and power mad politicians since at least the wilson administration.
covid was just the global immune system getting weak enough that the infection surged and suppurated.
if we want to prevent it going septic, now is the time.
Anyone who both connects a lot of dots but confesses to be a Trekky can tell you the entire Star Trek group of series are life in a post-communitarian world. The no possession thing is woven into many plot lines. Ah, predictive programming!!
I see your point, but remember all the personal quarters you see have personal items that belong to the residents. Kirk and Picard, both collect things.
Yep. That essay was actually one of a series of 'visions of the future' written for the 2016 conference.
There was a British one that was even more horrifying that was presented as wonderful, where we were basically just hooked up to VR for most of the day being computational units; all food, housing, and energy was rationed by the government, and dissenters lived in unpowered favelas outside the city separated by a huge wall.
The Aristocracy have always been Rent-seekers. So their penultimate plan is a World in which everything us serfs use must be rented - rented from the companies they own. They have already targeted fresh water resources. I wouldn't be surprised if they claim ownership of the Earth's atmosphere and we have to rent oxygen off them in order to breath.
"You load 16 tons, and what do you get? Another day older and deeper in debt . . . I owe my soul to the company store." Old song, record of long history of this type of scam
Shows the power of these word-thought viruses they use. Just a little nudge here and there, and people will fight their friends over self-evident truths.
In north London that's rare, only taxi drivers, who are forced to. But some scared old people still in voluntary gags, while on the underground they are joined by some of the young, showing they care. About 30 per cent gagged, last time I travelled on it, even though it is not compulsory.
My small local chain grocery store, Sainsburys, has a notice in its window asking customer to wear masks if they can. Very few do, but some pious souls, fully masked, called in recently and stripped the store of thousands of pounds worth of cigarettes and spirits. Then a few days later they did it again. Who could possibly have seen that coming?
I don't know of any other vaccines in history that has helped spread the disease or has a risk profile quite like these ones, even if there may be modest benefits for the most at risk. Yet they are pushing the digital vax pass and other totalitarian tools on the back of it. They may well succeed but it smells of desperation. They know that once people realise the true extent of all this then there won't be another chance at least in their lifetimes.
About two thousand years ago, John the Apostle wrote, as it was given to him, "The Revelation of Jesus Christ, which God gave to show -- things which must shortly take place" (1:1), of a future time when "...all, both small and great, rich and poor, free and slave, [must] receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name." (Revelation 13:16-17) This mark will have a dual purpose of also proving allegiance to the global system - those who refuse will be outcasts and worse. But God has a plan for those who believe.
We can see these things taking shape quickly. There is no stopping it now. Bible prophecy proves God is God and there is no other. There is a saying about how you don't really know Christ until He is all you have. The choice is yours. There is so much more than this life.
told my students two years ago in our last class together in person "guys our world is changing and just wait till the first insulin shipment doesnt show up as expected - learn supply chain"
Yeah, it's like Joseph's seven year famine ahead. Speaking as a housewife, it is very difficult to shop ahead for a potential seven year famine. Where do you put all the stuff? In other English news "Rail Strike threatens to bring UK to standstill" (Sun Tel, 15.5.22). Boris et al didn't bother to think through the effects of imprisoning the population, who turned out to love working from home - if middle class. Railway journeys have plummeted cos commuters stay home, so railways are no longer viable as they are, employees threatening strikes which could cause further fuel and foodstuff cuts. Not enough drivers to move goods onto roads. Let me quote the final para, "The pandemic (for which read our lockdown disaster) has changed the railway for good.... the Government committed nearly £600 per household of funding... but this is merely financial life support... the railway's long term future is at risk."
This is the only silver lining I've seen so far. I'm delighted to see China tearing itself to shreds with no help needed from us. It may (though unlikely) even lead to a domestic revolt.
In the meantime, quite a lot of capital is reading the writing on the wall and getting out. If our government doesn't just end up seizing the means of production, I see a lot of traditional manufacturing returning.
The less we buy from China, the better, I truly believe we need to get back to manufacturing what we need here in the U.S. I grew up in the 1950's and 1960s, and while there weren't a gazillion choices for things as there are now, I don't remember it as a time of deprivation, we had what was needed and so what if we had 3 or 4 choices for an item rather than 20.
In many ways National borders mean less than the transnational corps that serve the markets. While focus tends to be on traditional factors these mega-corps exploit the opportunities to ascribe limits and problems to individual political postures when their hands are on both sides of the scale. Who ultimately makes the rules?
NYC based Blackrock is a classic case though every market sector has it's own covert economic influence. BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of January 2022.
April 29, 2008
BlackRock's Beijing office obtained a license to operate from the State Administration for Industry and Commerce on Feb. 18, it said.
The U.S. asset management company already holds a 16.5% stake in Bank of China Investment Management Co., a local asset-management joint venture with Bank of China Ltd. (3988.HK).
The joint venture was initially formed in 2004 between a unit of Bank of China and Merrill Lynch Investment Managers, which merged with BlackRock in September 2006.
The United States picked BlackRock to manage the assets once controlled by AIG and Bear Stearns and to analyze the assets of Freddie Mac and Morgan Stanley. And as if that were not enough on its plate, the Treasury Department has just selected BlackRock to be one of the few firms trusted with using US taxpayer dollars to buy toxic assets from the banks and then resell them in a process that presents enormous conflicts of interest with other BlackRock operations.
Bank of America, with a 47 percent ownership position in BlackRock, is also the owner of what was once Countrywide Financial, which led the pack in selling bad mortgages. The disposition of those failed properties under BlackRock's tutelage will have much to do with BofA's future profitability. As if that were not enough financial incest, the former president and other top executives of Countrywide now run a company created by BlackRock, which is profiting mightily by snapping up the sort of distressed loans that they originally had marketed.
Confused? You're supposed to be. That's the point of a successful hedge fund, a totally unregulated activity in which very rich people pool their money in order to more effectively rip off the rest of us. And BlackRock is at the top of that game, managing $1.3 trillion in assets. But in this round the stakes are far higher because BlackRock, which did a great deal to cause the economic meltdown, has now been put in charge of the government recovery effort.
(Reuters) - BlackRock's China mutual fund subsidiary set up its first fund in the country after raising 6.68 billion yuan ($1.03 billion) during a shortened subscription period, signalling warm reception by investors.
Wednesday's disclosure came a day after billionaire investor George Soros said it was a mistake for BlackRock to invest in China now, and likely to lose money for the U.S. fund giant's clients. read more
BlackRock (BLK.N), the first foreign asset manager to operate a wholly-owned business in China's $3.6 trillion mutual fund industry, said its newly-launched China equity fund had raised 6.68 billion yuan from more than 111,000 investors.
October 21, 2021 - Wall Street on Parade by Pam Martens and Russ Martens
The Fed Is Subsidizing the Money Market Funds Operated by Larry Fink’s BlackRock as BlackRock Manages a Big Part of Jerome Powell’s Wealth
The Fed also gave BlackRock three no-bid contracts in 2020 to manage the Fed’s corporate bond buying programs. Under those contracts, BlackRock was allowed to buy up its own Exchange Traded Funds.
Now we are learning from Crane Repo Data, that a big chunk of the Fed’s overly-generous Reverse Repo operations have landed in BlackRock money market funds. Crane Repo Data reports that as of September 30, BlackRock Liquid FedFund money market held $84 billion of the Fed’s Reverse Repos while its BlackRock Liquid T-Fund held $65 billion.
Conspiracy theories = spoiler alerts
Like political gaffe = an official speaking the truth by mistake in public
saying the quiet part out loud.
"It's not a game or anything but in case anyone was wondering, the conspiracy theorists are up 16-0." ~ Anthony Vera
Conspiracy theorist has two meanings:
1) one who notices something the elites are planning to do (probably because they're saying so), and sounds the alarm
2) one who says 'this is bad' once the thing has been done and everyone is expected to now accept it as normal
Heads-ups
The difference between a conspiracy theory and reality is a few months. These petty tyrants are predictable but they have enough useful idiots behind them to keep the momentum. Just say no: https://yuribezmenov.substack.com/p/how-to-say-no?s=w
didn't the CIA coin "conspiracy theorist" for people trying to expose the UFO research coverups? if so, it only took about 70-80 years for that group to be validated with official "defense" department data dumps.
hopefully it's like Moore's Law with computer hardware and we'll see greater and greater reductions in time between "theory" and official validation.
I believe it was the CIA, but I think it was to disparage those “kooks” who didn’t buy the Warren Commission’s lame ass attempt to cover up the Kennedy assassination.
correction: "to cover up THEIR Kennedy assassination".
Yes CIA coined the term conspiracy theory but it was to deflect questions of Warren Commission investigation into JFK assassination.
What are you, some kook 'Conspiracy theorist' who's never seen a bullet change direction in midair?!
NO, is the most powerful two letter combination ever put together into a word.
It’s been obvious that the endgames are totalitarian tyranny & depopulation from tre earliest time you could see daylight between what was being done as NPIs & the evidence that they do nothing useful at all.
I date that to no later than mid April 2020 in UK. I was too cautious then, though later in the same year, I knew I had known after all.
Please know that you sharing what you know all along has made a world of difference! <3
Took me longer than that, unfortunately.
It is curious how the uber-rich have always been the big promoters of Malthusianism. It allows them to claim they are saving the world by impoverishing everyone but themselves. Allows them to claim morality while doing evil.
OK, now I can start my week thoroughly enraged AND depressed...
sorry, amigos.
no one said the red pill would be fun.
only that it would be the truth...
On the flip side it is wonderful for everyone who already sees the truth to have the confirmation and community to stand with while the insanity whirls around us.
Absolutely right. The gaslighting by governments can be overwhelming and make one reconsider his perception of the horrifying reality descending on the world.
Now we must go forth and spread discord of the official narrative. Speak out about vaccine failure and harm. Every lie of the narrative must be contested to sow the seed of doubt in listeners' minds.
Substack is for me reflecting groups that are pushing back around the globe. Censors have done more to create health freedom activists than Banksters did to inspire Occupy Wall Street. Hunt around you'll find your niche. :~)
Yep! This was a real downer. Best served on a Wednesday. 😳 True but depressing. We still love you Bad Cat!
Need my cat memes
Rainy days and Mondays get you down?
No need to talk it out.
You know what it's all about.
not alone. I am off to scream into a pillow now
That's how I've spent the last 2 years. It's not so bad but it occasionally gets itchy.
Next Tuesday I'll demonstrate how powerless I am by voting for a full anti-lockdown ticket that won't be counted.
Or you can start it thoroughly empowered and productive. It's your choice.
What’s next, granting omnipotent powers to an unelected genocidal war criminal bureaucrat who’s owned by the Gates Foundation and China? Oh wait ...
• “Letter to the US HHS Office of Global Affairs”(https://margaretannaalice.substack.com/p/letter-to-the-us-hhs-office-of-global)
We have 14 days left to submit written comments to #StopTheAmendments. See mine above; instructions on how to comment follow the post.
Additional resources and details can be found at the end of these posts:
• “Dialogue With a Curious Injectee” (https://margaretannaalice.substack.com/p/dialogue-with-a-curious-injectee)
• “Letter to the Menticided: A 12-Step Recovery Program” (https://margaretannaalice.substack.com/p/letter-to-the-menticided-a-12-step)
Thanks for helping us #StopTheWHO!
I'm sure it's purely coincidental that Zelensky is in tight with the Davos gang?
Ukraine has been the base for Soros, money laundering for the elites , human trafficking and more!
It gets really exhausting having to come up with new conspiracy theories all the time to replace the old ones that keep coming true.
Lori Lightfoot, aka Cheap Imitation ET, should be locked in a padded cell with an Exorcist Priest.
I like people comparing her to Beetlejuice. Either way, that broad is butt U.G.L.Y.!
"and hey, i’m sure they’ll probably manage to keep those first 2 promises. watch out for that third one though. i have some real doubts about it it…"
That third promise is also on the table, at least this is the goal. What they ultimately want to achieve is behavior control and behavior modification via the use of technology (wearables and injectables) and pharmaceuticals.
"Some theorists argue that moral bioenhancement ought to be compulsory. I take this argument one step further, arguing that if moral bioenhancement ought to be compulsory, then its administration ought to be covert rather than overt."
PDF: https://sci-hub.se/10.1111/bioe.12496 (published in Bioethics journal)
A few quotes by Bertrand Russell from his book: "The Impact of Science On Society (1953)":
"Diet, injections, and injunctions will combine, from a very early age, to produce the sort of character and the sort of beliefs that the authorities consider desirable, and any serious criticism of the powers that be will become psychologically impossible. Even if all are miserable, all will believe themselves happy, because the government will tell them that they are so."
"Gradually, by selective breeding, the congenital differences between rulers and ruled will increase until they become almost different species. A revolt of the plebs would become as unthinkable as an organized insurrection of sheep against the practice of eating mutton."
https://twitter.com/B33Mello/status/1521471547340435456 (more quotes here / Twitter thread)
"Genocide of the Mind" by Joe Heath (1974)
https://archive.scienceforthepeople.org/vol-6/v6n3/genocide-of-the-mind/
nice setup for the Morlocks and their food supply!
Remember the final thoughts of Winston Smith in "1984" -- "But it was all right, everything was all right, the struggle was finished. He had won the victory over himself. He loved Big Brother.”
wasn't that after the Ministries of Love and Truth had finished having their way with him?
do not give in or comply...
Yes. They've broken him, he's turned on Julia, he's forced himself not just to agree to what the Party says but to believe it, and he even knows at this point (last paragraph of the book) that he's probably going to get a bullet in the back of the head, but he's okay with that too, because the Party is always right and ... he loves Big Brother.
Brave New World
Wow, "own nothing" goes back to at least 2016 for WEF?
Excellent compilation.
yeah, this has been the grand plan/design for ages.
people have been saying crap like this since the club of rome and even earlier. malthusian delusions and the purported need to take over the world to effect collectivist technocratic solutions has been the polestar for avaricious academics and power mad politicians since at least the wilson administration.
covid was just the global immune system getting weak enough that the infection surged and suppurated.
if we want to prevent it going septic, now is the time.
Totally agreed. Both danger and opportunity in the same Chinese character.
Like button not working…..
I always think of this to lighten it up (hope the link works):
http://www.quickmeme.com/img/ca/ca1e82814fbabf4703590d43509c7f4c2c1ce2403a1e634162043cef0a894c7f.jpg
🤣😂🤣😂 Thank-you!
Anyone who both connects a lot of dots but confesses to be a Trekky can tell you the entire Star Trek group of series are life in a post-communitarian world. The no possession thing is woven into many plot lines. Ah, predictive programming!!
I see your point, but remember all the personal quarters you see have personal items that belong to the residents. Kirk and Picard, both collect things.
Yep. That essay was actually one of a series of 'visions of the future' written for the 2016 conference.
There was a British one that was even more horrifying that was presented as wonderful, where we were basically just hooked up to VR for most of the day being computational units; all food, housing, and energy was rationed by the government, and dissenters lived in unpowered favelas outside the city separated by a huge wall.
The Aristocracy have always been Rent-seekers. So their penultimate plan is a World in which everything us serfs use must be rented - rented from the companies they own. They have already targeted fresh water resources. I wouldn't be surprised if they claim ownership of the Earth's atmosphere and we have to rent oxygen off them in order to breath.
"You load 16 tons, and what do you get? Another day older and deeper in debt . . . I owe my soul to the company store." Old song, record of long history of this type of scam
Shows the power of these word-thought viruses they use. Just a little nudge here and there, and people will fight their friends over self-evident truths.
And everyday I still see people driving in their cars, with a mask on, by themselves, windows up. Pavlovian slaves.
In north London that's rare, only taxi drivers, who are forced to. But some scared old people still in voluntary gags, while on the underground they are joined by some of the young, showing they care. About 30 per cent gagged, last time I travelled on it, even though it is not compulsory.
My small local chain grocery store, Sainsburys, has a notice in its window asking customer to wear masks if they can. Very few do, but some pious souls, fully masked, called in recently and stripped the store of thousands of pounds worth of cigarettes and spirits. Then a few days later they did it again. Who could possibly have seen that coming?
I don't know of any other vaccines in history that has helped spread the disease or has a risk profile quite like these ones, even if there may be modest benefits for the most at risk. Yet they are pushing the digital vax pass and other totalitarian tools on the back of it. They may well succeed but it smells of desperation. They know that once people realise the true extent of all this then there won't be another chance at least in their lifetimes.
it will soon be time to burn all the telecoms exchanges and shut down the internet
About two thousand years ago, John the Apostle wrote, as it was given to him, "The Revelation of Jesus Christ, which God gave to show -- things which must shortly take place" (1:1), of a future time when "...all, both small and great, rich and poor, free and slave, [must] receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name." (Revelation 13:16-17) This mark will have a dual purpose of also proving allegiance to the global system - those who refuse will be outcasts and worse. But God has a plan for those who believe.
We can see these things taking shape quickly. There is no stopping it now. Bible prophecy proves God is God and there is no other. There is a saying about how you don't really know Christ until He is all you have. The choice is yours. There is so much more than this life.
Does the plan fall apart with China kneecapping itself?
It surely accelerates it as the world we knew falls apart.
Recall, we manufacture very little onshore. If it’s from China, it’s out of stock.
What if that’s “effectively forever”?
I foresee deglobalisation all around us on food, meds, general goods, energy etc.
Lower standards of living for greater predictability? Arguably the better trade off.
told my students two years ago in our last class together in person "guys our world is changing and just wait till the first insulin shipment doesnt show up as expected - learn supply chain"
Yeah, it's like Joseph's seven year famine ahead. Speaking as a housewife, it is very difficult to shop ahead for a potential seven year famine. Where do you put all the stuff? In other English news "Rail Strike threatens to bring UK to standstill" (Sun Tel, 15.5.22). Boris et al didn't bother to think through the effects of imprisoning the population, who turned out to love working from home - if middle class. Railway journeys have plummeted cos commuters stay home, so railways are no longer viable as they are, employees threatening strikes which could cause further fuel and foodstuff cuts. Not enough drivers to move goods onto roads. Let me quote the final para, "The pandemic (for which read our lockdown disaster) has changed the railway for good.... the Government committed nearly £600 per household of funding... but this is merely financial life support... the railway's long term future is at risk."
incredible - hadn't heard anything about this
This is the only silver lining I've seen so far. I'm delighted to see China tearing itself to shreds with no help needed from us. It may (though unlikely) even lead to a domestic revolt.
In the meantime, quite a lot of capital is reading the writing on the wall and getting out. If our government doesn't just end up seizing the means of production, I see a lot of traditional manufacturing returning.
oh I hope Xi continues with his "zero covid" dream - have at it!!!!
Never interrupt your enemy when he is making a mistake.
Xi should know that adage better than most.
The less we buy from China, the better, I truly believe we need to get back to manufacturing what we need here in the U.S. I grew up in the 1950's and 1960s, and while there weren't a gazillion choices for things as there are now, I don't remember it as a time of deprivation, we had what was needed and so what if we had 3 or 4 choices for an item rather than 20.
In many ways National borders mean less than the transnational corps that serve the markets. While focus tends to be on traditional factors these mega-corps exploit the opportunities to ascribe limits and problems to individual political postures when their hands are on both sides of the scale. Who ultimately makes the rules?
NYC based Blackrock is a classic case though every market sector has it's own covert economic influence. BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of January 2022.
April 29, 2008
BlackRock's Beijing office obtained a license to operate from the State Administration for Industry and Commerce on Feb. 18, it said.
The U.S. asset management company already holds a 16.5% stake in Bank of China Investment Management Co., a local asset-management joint venture with Bank of China Ltd. (3988.HK).
The joint venture was initially formed in 2004 between a unit of Bank of China and Merrill Lynch Investment Managers, which merged with BlackRock in September 2006.
As of March 31, BlackRock had US$1.36 trillion worth of assets under management, the firm said. https://www.marketwatch.com/story/blackrock-opens-beijing-office-seeks-to-expand-in-china
May 20, 2009
Our Loss is BlackRock's Gain By Robert Scheer
The United States picked BlackRock to manage the assets once controlled by AIG and Bear Stearns and to analyze the assets of Freddie Mac and Morgan Stanley. And as if that were not enough on its plate, the Treasury Department has just selected BlackRock to be one of the few firms trusted with using US taxpayer dollars to buy toxic assets from the banks and then resell them in a process that presents enormous conflicts of interest with other BlackRock operations.
Bank of America, with a 47 percent ownership position in BlackRock, is also the owner of what was once Countrywide Financial, which led the pack in selling bad mortgages. The disposition of those failed properties under BlackRock's tutelage will have much to do with BofA's future profitability. As if that were not enough financial incest, the former president and other top executives of Countrywide now run a company created by BlackRock, which is profiting mightily by snapping up the sort of distressed loans that they originally had marketed.
Confused? You're supposed to be. That's the point of a successful hedge fund, a totally unregulated activity in which very rich people pool their money in order to more effectively rip off the rest of us. And BlackRock is at the top of that game, managing $1.3 trillion in assets. But in this round the stakes are far higher because BlackRock, which did a great deal to cause the economic meltdown, has now been put in charge of the government recovery effort.
https://web.archive.org/web/20090523215348/http://www.thenation.com/doc/20090601/scheer
January 11, 2018
(Reuters) - BlackRock's China mutual fund subsidiary set up its first fund in the country after raising 6.68 billion yuan ($1.03 billion) during a shortened subscription period, signalling warm reception by investors.
Wednesday's disclosure came a day after billionaire investor George Soros said it was a mistake for BlackRock to invest in China now, and likely to lose money for the U.S. fund giant's clients. read more
BlackRock (BLK.N), the first foreign asset manager to operate a wholly-owned business in China's $3.6 trillion mutual fund industry, said its newly-launched China equity fund had raised 6.68 billion yuan from more than 111,000 investors.
https://www.reuters.com/business/blackrocks-china-unit-raises-1-bln-maiden-mutual-fund-2021-09-08/
October 21, 2021 - Wall Street on Parade by Pam Martens and Russ Martens
The Fed Is Subsidizing the Money Market Funds Operated by Larry Fink’s BlackRock as BlackRock Manages a Big Part of Jerome Powell’s Wealth
The Fed also gave BlackRock three no-bid contracts in 2020 to manage the Fed’s corporate bond buying programs. Under those contracts, BlackRock was allowed to buy up its own Exchange Traded Funds.
Now we are learning from Crane Repo Data, that a big chunk of the Fed’s overly-generous Reverse Repo operations have landed in BlackRock money market funds. Crane Repo Data reports that as of September 30, BlackRock Liquid FedFund money market held $84 billion of the Fed’s Reverse Repos while its BlackRock Liquid T-Fund held $65 billion.
https://wallstreetonparade.com/2021/10/the-fed-is-subsidizing-the-money-market-funds-operated-by-larry-finks-blackrock-funds-as-blackrock-manages-a-big-part-of-jerome-powells-wealth/