Net Zero, the Digital Panopticon and the Future of Food 

By Colin Todhunter

Source: Off-Guardian

The food transition, the energy transition, net-zero ideology, programmable central bank digital currencies, the censorship of free speech and clampdowns on protest. What’s it all about? To understand these processes, we need to first locate what is essentially a social and economic reset within the context of a collapsing financial system.

Writer Ted Reece notes that the general rate of profit has trended downwards from an estimated 43% in the 1870s to 17% in the 2000s. By late 2019, many companies could not generate enough profit. Falling turnover, squeezed margins, limited cashflows and highly leveraged balance sheets were prevalent.

Professor Fabio Vighi of Cardiff University has described how closing down the global economy in early 2020 under the guise of fighting a supposedly new and novel pathogen allowed the US Federal Reserve to flood collapsing financial markets (COVID relief) with freshly printed money without causing hyperinflation. Lockdowns curtailed economic activity, thereby removing demand for the newly printed money (credit) in the physical economy and preventing ‘contagion’.

According to investigative journalist Michael Byrant, €1.5 trillion was needed to deal with the crisis in Europe alone. The financial collapse staring European central bankers in the face came to a head in 2019. The appearance of a ‘novel virus’ provided a convenient cover story.

The European Central Bank agreed to a €1.31 trillion bailout of banks followed by the EU agreeing to a €750 billion recovery fund for European states and corporations. This package of long-term, ultra-cheap credit to hundreds of banks was sold to the public as a necessary programme to cushion the impact of the pandemic on businesses and workers.

In response to a collapsing neoliberalism, we are now seeing the rollout of an authoritarian great reset — an agenda that intends to reshape the economy and change how we live.

SHIFT TO AUTHORITARIANISM

The new economy is to be dominated by a handful of tech giants, global conglomerates and e-commerce platforms, and new markets will also be created through the financialisation of nature, which is to be colonised, commodified and traded under the notion of protecting the environment.

In recent years, we have witnessed an overaccumulation of capital, and the creation of such markets will provide fresh investment opportunities (including dodgy carbon offsetting Ponzi schemes)  for the super-rich to park their wealth and prosper.

This great reset envisages a transformation of Western societies, resulting in permanent restrictions on fundamental liberties and mass surveillance. Being rolled out under the benign term of a ‘Fourth Industrial Revolution’, the World Economic Forum (WEF) says the public will eventually ‘rent’ everything they require (remember the WEF video ‘you will own nothing and be happy’?): stripping the right of ownership under the guise of a ‘green economy’ and underpinned by the rhetoric of ‘sustainable consumption’ and ‘climate emergency’.

Climate alarmism and the mantra of sustainability are about promoting money-making schemes. But they also serve another purpose: social control.

Neoliberalism has run its course, resulting in the impoverishment of large sections of the population. But to dampen dissent and lower expectations, the levels of personal freedom we have been used to will not be tolerated. This means that the wider population will be subjected to the discipline of an emerging surveillance state.

To push back against any dissent, ordinary people are being told that they must sacrifice personal liberty in order to protect public health, societal security (those terrible Russians, Islamic extremists or that Sunak-designated bogeyman George Galloway) or the climate. Unlike in the old normal of neoliberalism, an ideological shift is occurring whereby personal freedoms are increasingly depicted as being dangerous because they run counter to the collective good.

The real reason for this ideological shift is to ensure that the masses get used to lower living standards and accept them. Consider, for instance, the Bank of England’s chief economist Huw Pill saying that people should ‘accept’ being poorer. And then there is Rob Kapito of the world’s biggest asset management firm BlackRock, who says that a “very entitled” generation must deal with scarcity for the first time in their lives.

At the same time, to muddy the waters, the message is that lower living standards are the result of the conflict in Ukraine and supply shocks that both the war and ‘the virus’ have caused.

The net-zero carbon emissions agenda will help legitimise lower living standards (reducing your carbon footprint) while reinforcing the notion that our rights must be sacrificed for the greater good. You will own nothing, not because the rich and their neoliberal agenda made you poor but because you will be instructed to stop being irresponsible and must act to protect the planet.

NET-ZERO AGENDA

But what of this shift towards net-zero greenhouse gas emissions and the plan to slash our carbon footprints? Is it even feasible or necessary?

Gordon Hughes, a former World Bank economist and current professor of economics at the University of Edinburgh, says in a new report that current UK and European net-zero policies will likely lead to further economic ruin.

Apparently, the only viable way to raise the cash for sufficient new capital expenditure (on wind and solar infrastructure) would be a two decades-long reduction in private consumption of up to 10 per cent. Such a shock has never occurred in the last century outside war; even then, never for more than a decade.

But this agenda will also cause serious environmental degradation. So says Andrew Nikiforuk in the article The Rising Chorus of Renewable Energy Skeptics, which outlines how the green techno-dream is vastly destructive.

He lists the devastating environmental impacts of an even more mineral-intensive system based on renewables and warns:

“The whole process of replacing a declining system with a more complex mining-based enterprise is now supposed to take place with a fragile banking system, dysfunctional democracies, broken supply chains, critical mineral shortages and hostile geopolitics.”

All of this assumes that global warming is real and anthropogenic. Not everyone agrees. In the article Global warming and the confrontation between the West and the rest of the world, journalist Thierry Meyssan argues that net zero is based on political ideology rather than science. But to state such things has become heresy in the Western countries and shouted down with accusations of ‘climate science denial’.

Regardless of such concerns, the march towards net zero continues, and key to this is the United Nations Agenda 2030 for Sustainable Development Goals.

Today, almost every business or corporate report, website or brochure includes a multitude of references to ‘carbon footprints’, ‘sustainability’, ‘net zero’ or ‘climate neutrality’ and how a company or organisation intends to achieve its sustainability targets. Green profiling, green bonds and green investments go hand in hand with displaying ‘green’ credentials and ambitions wherever and whenever possible.

It seems anyone and everyone in business is planting their corporate flag on the summit of sustainability. Take Sainsbury’s, for instance. It is one of the ‘big six’ food retail supermarkets in the UK and has a vision for the future of food that it published in 2019.

Here’s a quote from it:

“Personalised Optimisation is a trend that could see people chipped and connected like never before. A significant step on from wearable tech used today, the advent of personal microchips and neural laces has the potential to see all of our genetic, health and situational data recorded, stored and analysed by algorithms which could work out exactly what we need to support us at a particular time in our life. Retailers, such as Sainsbury’s could play a critical role to support this, arranging delivery of the needed food within thirty minutes — perhaps by drone.”

Tracked, traced and chipped — for your own benefit. Corporations accessing all of our personal data, right down to our DNA. The report is littered with references to sustainability and the climate or environment, and it is difficult not to get the impression that it is written so as to leave the reader awestruck by the technological possibilities.

However, the promotion of a brave new world of technological innovation that has nothing to say about power — who determines policies that have led to massive inequalities, poverty, malnutrition, food insecurity and hunger and who is responsible for the degradation of the environment in the first place — is nothing new.

The essence of power is conveniently glossed over, not least because those behind the prevailing food regime are also shaping the techno-utopian fairytale where everyone lives happily ever after eating bugs and synthetic food while living in a digital panopticon.

FAKE GREEN

The type of ‘green’ agenda being pushed is a multi-trillion market opportunity for lining the pockets of rich investors and subsidy-sucking green infrastructure firms and also part of a strategy required to secure compliance required for the ‘new normal’.

It is, furthermore, a type of green that plans to cover much of the countryside with wind farms and solar panels with most farmers no longer farming. A recipe for food insecurity.

Those investing in the ‘green’ agenda care first and foremost about profit. The supremely influential BlackRock invests in the current food system that is responsible for polluted waterways, degraded soils, the displacement of smallholder farmers, a spiralling public health crisis, malnutrition and much more.

It also invests in healthcare — an industry that thrives on the illnesses and conditions created by eating the substandard food that the current system produces. Did Larry Fink, the top man at BlackRock, suddenly develop a conscience and become an environmentalist who cares about the planet and ordinary people? Of course not.

Any serious deliberations on the future of food would surely consider issues like food sovereignty, the role of agroecology and the strengthening of family farms — the backbone of current global food production.

The aforementioned article by Andrew Nikiforuk concludes that, if we are really serious about our impacts on the environment, we must scale back our needs and simplify society.

In terms of food, the solution rests on a low-input approach that strengthens rural communities and local markets and prioritises smallholder farms and small independent enterprises and retailers, localised democratic food systems and a concept of food sovereignty based on self-sufficiency, agroecological principles and regenerative agriculture.

It would involve facilitating the right to culturally appropriate food that is nutritionally dense due to diverse cropping patterns and free from toxic chemicals while ensuring local ownership and stewardship of common resources like land, water, soil and seeds.

That’s where genuine environmentalism and the future of food begins.

“WHO OWNS THE WORLD?” A SMALL GROUP OF BIG MONEY

By Peter Koenig

Source: The 4th Media

“Who Owns the World” is the title of an extraordinary documentary, describing how Big-Big Money controls not only every aspect of your life, but has a stranglehold on every government, the political UN body, as well as every UN agency, and all industries and services of this globe.

These largest investors are BlackRock, Vanguard, and State Street.

These same investment groups also control over 90% of the world’s major media. Even Rupert Murdoch’s media empire is majority owned by BlackRock / Vanguard. It is therefore no miracle that hardly any news penetrates the walls of secrecy about these major shareholders of every aspect of human life and life-related activities and businesses.

It is a monopoly that can literally not be opposed by traditional means. They have also invented the “rules-based order” — overruling every international and national law at their will. They know no limits, no ethics and adhere to no human or human rights standard. POWER is them.

The two most powerful investors and investment managers are BlackRock and Vanguard. They are closely linked, to the point where their management is largely inter-changeable. Vanguard is BlackRock’s largest shareholder, meaning that they control BlackRock.

Though Vanguard is not transparent about its own shareholders, Vanguard is owned by the richest families on earth. Vanguard has been created to hide their investments and money transactions.

Through non-profit organizations, like the Rockefeller Foundation, Gates Foundation, Rothschild Foundation, JPMorgan Foundation, Clinton Foundation, Bush Foundation, Albert DuPont Charity Trust – and so on, billions of “donation” money is transferred – tax-free – to Vanguard, a shield for their potentially criminal transactions and funding.

The Bill and Melinda Gates Foundation is the largest funder of WHO. It also controls GAVI, the vaxx-alliance – and is therefore the most influential organization over human health – and death.

These same people, alias Foundations, also own Blackrock – which is why BlackRock and Vanguard are interchangeable or can act as one, if it is to their advantage.

According to Bloomberg, by 2028, the two will own / manage some 20 trillion dollars – about a fifth of the current world GDP.

If joined by State Street, as is often the case, the world’s fourth largest investment manager, you may add another US$ 3 to US$ 4 trillion of managed assets. Sometimes they are joined by Berkshire Hathaway, City Bank, Bank of America, Chase & Co, Goldman Sachs… adding another few trillion of managed assets to their pie.

However, these second or third ranking financial institutions, in turn, are also owned by BlackRock and Vanguard. One might call it an omnipotent vicious circle from which it is almost impossible to escape.

See this one-hour Rumble-video for more details and network of ownership that literally rules the worldhttps://rumble.com/vn7lf5-monopoly-who-owns-the-world-must-see.html .

With that power they can leverage every country in the world, every institution, and every corporation – as they are the largest shareholders of the industrial, military, service and infrastructure investment machine that makes the world turn.

—-

Please allow just a little detour to Gaza, where the Zionist racist massacre of an entire population has been going on as today for 141 days. Some 30,000 Palestinian have been killed; 70% children and women. Children and women are the prime targets, because children are the next generation and women are the bearer of the next generation – they must be eliminated by the supremacist Zionists.

The horror and inhumanity have no words, cannot be appropriately described with our human vocabulary: Bombs have liquidated an entire family. The mutilated body of a seven-year-old girl, Sidra, is hanging from a wall. Hind, a six-year-old girl, was mercilessly killed by Israeli armed forces, as she was begging for help from an ambulance, surrounded by the cadavers of her killed family. As illustrated by “Hildebrandt”, a Peruvian, renowned non-mainstream news media (23 February 2024).

Tell me, please, are these all-powerful financial conglomerates not powerful enough to stop this massacre at once? They hold entire nations hostage to do their bidding, but they cannot stop Israel, the Zionists behind the State of Israel, from their merciless atrocious killing, murder, massacre of an entire population?

Are they powerful enough to preventing the United States, their Anglosaxon and European puppet governments from halting their money, weapon, and “moral” support of the Zionist onslaught? – Or is their power behind the US veto breaking the UN Security Council’s quest for a Ceasefire in Gaza?

In any case, by not using their power to stop the Zionist war against Palestine, to stop any war, any killing in the world, are they not complicit in the mass-murders in Gaza and around the world by not ending them?

They could. Why are they not doing it?

They are drunk with Power – and as we know, power and money have been derailing humanity for a long time – but now the extent of shame and barbarism has reached a level, where our civilization risks to disappear; and where there is no way to escape – not the traditional ways.

BlackRock / Vanguard are also major shareholders in the secondary and tertiary asset management and banking institutions. So, they control the managed investments of, say, Goldman Sachs, Bank of America, City, Chase, Morgan-Stanley – you name it.

If you invest, for example, in a food conglomerate, like Nestlé, Unilever, PepsiCo, most have no idea that they invest in BlackRock / Vanguard, major shareholders of these food corporations, and by doing so, they also invest in the worldwide military industrial (killing) complex which is too is controlled by BlackRock / Vanguard.

BlackRock / Vanguard / State Street are also the powers behind the power – most often invisible. For example, BlackRock has close links with many Central Banks, especially with the Federal Reserve.

They lend money to the FED – and are a principal adviser to the FED and most likely to other central banks, including they advise on computer systems they use and which connects them.

BlackRock, is by far the largest influencer and donor, or “partner”, as they prefer to call themselves, therefore, also “commander”, of the World Economic Forum (WEF), the entire UN system, its political arm, as well as its sub-agencies – and by proxy, also the World Health Organization (WHO) – and not to forget GAVI, the Vaccination Association, physically located just next door to WHO – and by further extension, Big-Pharma, the pharma industry.

Together with their faithful think-alike executer of WEF’s mandates, Mr. Klaus Schwab, as well as the multibillionaires, such as the Gates, Rockefellers, Soros’ of this world, one can easily deduct – they – BlackRock and Co. – control our lives – health and death.

Through their world-domineering ownership of all that moves, shakes, and produces, they are globalists, eugenists and “green-agenda” eccentrics – pushing the climate change lie – come hell or high water. Costs in money and lives do not matter.

Were these financial monsters behind the covid-plandemic idea? What a question!

Their agenda – eugenist, destruction of current economic structures to rebuild according to this small elite’s criteria – is clearly spelled out by the Club of Rome’s (CoR) “Limits to Growth” (1972), and the follow-on Report “The First Global Revolution” (1991) which claims early on in its text that annihilation of the current system is a MUST, to rebuild, bringing the fundamental changes in favor of the elite – with eugenics and absolute control always in the fore.

Is the CoR at the service of the global financial empire? After all, the same powers are behind both.

Not by coincidence, the Rockefeller Group is the inventor of the Club of Rome, today comfortably seated, tax free and with full diplomatic immunity, in Switzerland.

The fake Covid plandemic is the first building block for this all-destructive mechanism, the “corner stone’ of destruction, so to speak. The lockdowns, the inhuman, totally invalid PCR tests, the fear-mongering – the invented covid-death rates – were very effective in manipulating people, but also in laying the groundwork for the overall annihilation of our society and even civilization, in shifting assets from the bottom to the top – and in abolishing the world economy that carries our civilization.

Once the people were shivering from fear, the deadly “vaxxes” were introduced. Lo and behold, by now, despite ever-louder opposition – about 5.7 billion people – out of the world’s 8 billion (more than 70%) have received at least one jab – and most got 2 or 3 injections.

These poisonous injections are in the human bodies and may most likely react sooner or later. According to Mike Yeadon, former VP and Chief scientist of Pfizer – over the next three to ten years, the death-toll will increase probably drastically, but most people will not link it to the “vaxxes” — either because they have been indoctrinated that deaths are due to long or late covid, or because they suffer from and live in cognitive dissonance.

Big Money to own and control it all, must drastically reduce world population. This is propagated by the WEF,  and as of this day by the CoR (see this https://www.globalresearch.ca/author-limits-growth-promotes-genocide-86-world-population/5818133 .

WEF’s Chairman, Klaus Schwab’s top advisor, Israeli Professor, Yuval Noah Harari, asks openly what to do with the “useless eaters” when their “raison d’être” has ben replaced by Artificial Intelligence (AI). Giving them a base salary for (temporary) survival, getting them hooked on violent video games to prep them for the future, and to let them gradually “disappear”?
—–

In addition to severe human injuries and death, the vaxxes also reduce male and female fertility, cause miscarriages, highly aggressive and lethal turbo-cancers, and if course, myocardities and sudden deaths.

Overall excess mortality in the west is as high as 20% in some countries. In the UK, where excess deaths are alarming the common public, they have started modifying statistics to erase surplus mortality.

In parallel, mostly funded by the Soros Open Society Foundation, the Woke movement is ravaging the western world, with promotion of sex changes – and the infamous “multi-letter” agenda – LGBTQIA+ = Lesbian, Gay, Bisexual, Transgender, Queer, Intersex, and Asexual. WOW! – This is promoted in schools, in some countries with strict bans of parents’ interference in their children’s, as young as 11 years, wishes for sex-change.

This agenda reduces birth rates further.

Endless wars – create chaos, confusion, desperation and, of course, also deaths.

The Money Masters have succeeded in creating the first building blocks. WHO may soon become the most powerful health (life and death) tyranny on earth, if the infamous Pandemic Treaty and the harshly modified International Health Regulations (IHR) are approved at the upcoming World Health Assembly (WHA) in May 2024.

Knowing who is in possession and control of WHO and the WHA, the world is called upon to exit WHO. Internationally renowned Dr Peter McCullough testified in the European Parliament in Strasbourg, about the social and economic consequences of covid vaxxes, as well as the potentially impending WHO tyranny – concluding with a call on the EU and the US – and the rest of the world to exit WHO.

See this https://www.unitedaustraliaparty.org.au/video/dr-peter-mccullough-testified-in-the-european-parliament-in-strasbourg-chaired-by-christine-anderson/ .

To retake the world, by We the People, leaving BlackRock, Vanguard & Co. behind, exiting the UN system and WHO – would be the next step. Most important, and possibly the only way defeating this money power, is withdrawing from the current societal system and start afresh.

Small communal economies – as far away as possible from any digitization – with a dynamic cooperation among themselves, evolving naturally and on a higher spiritual level than the low vibrating one which is typical for our material world and the present strive for ever more material goods.

“Only when we are divided, can the elite retain its power over us.”

“The Wound is the Place, where the Light enters You”. By the great Sufi poet, Rumi

Their weapons are blackmail and fear.

WE MUST NOT FEAR.

We are the 99%.

We can do it.

And we MUST do it for survival of humanity.

Peter Koenig is a geopolitical analyst and a former Senior Economist at the World Bank and the World Health Organization (WHO), where he worked for over 30 years around the world. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed; and  co-author of Cynthia McKinney’s book “When China Sneezes: From the Coronavirus Lockdown to the Global Politico-Economic Crisis” (Clarity Press – November 1, 2020) Peter is a Research Associate of the Centre for Research on Globalization (CRG). He is also a non-resident Senior Fellow of the Chongyang Institute of Renmin University, Beijing.

Sickening Profits — The Global Food System’s Poisoned Food and Toxic Wealth

By Colin Todhunter

Source: Off-Guardian

The modern food system is being shaped by the capitalist imperative for profit. Aside from losing their land to global investors and big agribusiness concerns, people are being sickened by corporations and a system that thrives on the promotion of ‘junk’ (ultra-processed) food laced with harmful chemicals and cultivated with the use of toxic agrochemicals.

It’s a highly profitable situation for investment firms like BlackRock, Vanguard, State Street, Fidelity and Capital Group and the food and agribusiness conglomerates they invest in. But BlackRock and others are not just heavily invested in the food industry. They also profit from illnesses and diseases resulting from the food system by having stakes in the pharmaceuticals sector as well. For them, it’s a win-win situation.

Lobbying by agrifood corporations and their well-placed, well-funded front groups ensures this situation prevails. They continue to capture policy-making and regulatory space at international and national levels and promote the (false) narrative that without their products the world would starve.

They are now also pushing a fake-green, ecomodernist agenda and rolling out their new proprietary technologies in order to further entrench their grip on a global food system that produces poor food, illness, environmental degradation, dependency and dispossession.

The prevailing globalised agrifood model is built on unjust trade policies, the leveraging of sovereign debt to benefit powerful interests, population displacement and land dispossession. It fuels export-oriented commodity monocropping and regional food insecurity.

This model is responsible for increasing rates of illness, nutrient-deficient diets, a narrowing of the range of food crops, chemical runoffs, increasing levels of farmer indebtedness and the eradication of biodiversity. And it relies on a policy paradigm that privileges urbanisation, global markets and agrifood corporations’ needs ahead of rural communities, local markets, on-farm resources and food sovereignty.

In addition, there are also the broader geopolitical aspects of food and agriculture in a post-COVID world characterised by food inflation, hardship and multi-trillion-dollar global debt.

There are huge environmental, political, social and health issues that stem from how much of our food is currently produced and consumed. A paradigm shift is required.

All of this is set out in Sickening Profits: The Global Food System’s Poisoned Food and Toxic Wealth (December 2023), published as an open-access (free) e-book by Global Research (it can be read directly on the Global Research website or downloaded as a pdf) and is a follow up to the author’s book Food, Dispossession and Dependency: Resisting the New World Order (2022).

That book contains substantial sections on the agrarian crisis in India and issues affecting the agriculture sector. Aruna Rodrigues — prominent campaigner and lead petitioner in the GMO Mustard Public Interest Litigation in the Supreme Court of India — stated the following about the book:

This is graphic, a detailed horror tale in the making for India, an exposé on what is planned, to hand over Indian sovereignty and food security to big business.”

‘Sickening Profits’ continues in a similar vein. By describing situations in Ukraine, India, the Netherlands and elsewhere, it is another graphic horror tale in the making that is being intensified across the globe. The question is: Can it be stopped?

This Long Plotted World Takeover Scheme Is More Advanced Than Any Normal Human Can Fathom

By Gary D. Barnett

Source: GaryDBarnett.com

“The drive of the Rockefellers and their allies is to create a one-world government combining supercapitalism and Communism under the same tent, all under their control. Do I mean a conspiracy? Yes, I do. I am convinced there is such a plot, international in scope, generations old in planning, incredibly evil in intent.”

~ Rep. Larry P. MacDonald (Note: Lawrence McDonald was killed (likely murdered) on Korean Air Lines 007, 1983, a few months after making this statement.)

To begin, I will preface my remarks by saying that this is an attempt to explain in simple terms, very complicated financial and economic crimes being used against Americans, and also against the entire world population, in order to create and sustain total control over humanity. This is meant to manifest itself in the concept of one world governance, the ‘Great Reset,’ or the New World Order. This may seem a bold statement; it is not, but once you understand that everything that has happened over many decades is linked, especially since the plotted and premeditated false flag event called ‘9/11,’ you should be able to recognize the massive number of obvious connections that are incredibly evil.

It has recently become more prevalent by mostly alternative news sites and bloggers, to put forth the notion that many are waking up, and that the people are winning the battle for freedom. In my opinion, this is just not so, and in fact is misleading, as false hope is the driving force of this thinking. It is evident that more are claiming to be against government tyranny, but absolutely nothing has been done to reduce or eliminate the power of the State at any level to date. In addition, the nefarious efforts of the State and its controllers continue to expand, and the drive toward more draconian policies is never-ending. In the current environment, it is not known what the reaction by the masses might be considering the vast and imminent array of so-called ’emergencies’ that are certain to arise as this controlling cabal seeks to advance its agendas, but if the past is any indication, compliance should be expected.

The takeover framework of these ruling psychopaths is based always on the prototype of problem-reaction-solution, of which all are fake premeditated events and false emergencies; conspiracies in fact, meant to instill fear, hatred, or confusion, so that the State can pretend to come to the rescue of its hapless slave-class. This strategy has worked most every time it has been tried to date, and the herd continues to simply go along, regardless of the erroneous rhetoric being spewed that this populace is winning. It is not, and so long as the State continues and succeeds in its push to remake and transform society, whether psychologically, financially, or economically, the power of the ruling class and its governing system, will advance its wealth transfers, its monetary monopoly, and its depopulation efforts.

Psychological manipulation and control is necessary in order for the State thugs to accomplish their mission of world takeover, but financial and economic control is mandatory. This brings us to the real question; who owns and controls this world? It is certainly the big banking cartels, including all central banks, the large corporate magnates, the government protected NGO foundations, and of course, the entire global asset industry, which by 2020 controlled well over $100 trillion dollars. But who owns and controls all of these entities? Who has controlling interest in everything on earth? That is Blackrock and The Vanguard Group, and as I explained a year ago:

“There are a few thousand institutional investment firms that own every large bank, every large corporation, every large investment firm, every ‘news’ outlet, every large communication company, every large pharmaceutical company, every large transportation company; in other words, most every large company on earth is owned by these institutional investors. In turn, the small institutional investment firms are owned by larger institutional investment firms, and the larger investment firms, are owned by even larger investment firms. The two institutional investment companies that are the major owners and controllers of all the others in the world are Vanguard Holdings and Blackrock, and Vanguard is the largest shareholder (owner) of Blackrock. What this means is that Vanguard and Blackrock own and control this planet.”

The current CEO of Vanguard is Tim Buckley, and of course, the head and founder of the powerful Blackrock institution is Larry Fink. It should be noted that Fink and Blackrock have attained a position of extreme and almost infinite power over finance and economics, and according to many are now the fourth branch of government. The connections of Fink are incredibly telling of the power wielded by Blackrock. Blackrock effectively has control of the Federal Reserve and the U.S. Treasury, as well as banks around the world. It should be noted that Fink was appointed to the World Economic Forum’s (WEF) Board on August 22, 2019, the onset of the fraudulent ‘covid pandemic,’ which was set up, solidified, and begun, the same month that Fink took his seat on the board of the WEF. To gain a full picture of Fink and Blackrock’s history through today, watch this superb documentary by James Corbett; “How Blackrock Conquered the World.” In it, Corbett explains with full reference in video and text, how the entire ‘covid’ hoax was staged, and was first and foremost a financial takeover coup led by Blackrock. This connection of dots and people is of vital importance.

As I mentioned earlier, this is a very simplistic view of events, but it is necessary to tie a few things together in order that all can be seen to be completely connected; which would indicate a vast conspiracy that has been propagated over a long period of time. All so-called ’emergencies’ since the fraudulent 9/11 inside job, have much in common, and why would they not, as the main agenda of world governing domination was always the goal sought. Consider just three events, but there are many, many more, over that time.

The buildings that came down on 9/11 were turned into powder, an impossibility with fire caused by jet fuel. Consider that cars far away from any fire were burned to nothing, with melted metal, aluminum, windshield glass; all as if by spontaneous combustion. But the same thing happened in the Paradise, California fires in 2018, with many similarities, including the incredible damage to automobiles not even in the path of fires that had to be well above any heat level of a wildfire. The same also just occurred this past month in Lahaina, Hawaii. How could this be? It could not, unless similar or exact methods of destruction were plotted beforehand, and carried out by criminal State (military) means. And this is happening around the world as well, all falsely explained away by the complicit and controlled mainstream media.

One very telling aspect of all these bogus ’emergencies,’ from 9/11 to Maui, is that Wall Street and the financial firms, the institutional asset firms, central banks, defense contractors, and military-controlled tech companies, and of course this includes Blackrock, tended to gain huge profits, capture (steal through land grabs) more property, government contracts, and massive bailout money, while walking away from disaster far richer and more powerful than ever before possible. This happened with 9/11, the 2008 finance and housing collapse, the fake ‘covid’ plot, and now with the ultimate weapon against humanity, the completely illegitimate ‘climate change’ agenda; and this agenda placed Blackrock at the top of the heap worldwide, of this criminal fraud.

Each and every emergency brings about a bigger and more powerful State, more restrictions, more regulation, more mandates, more lockdowns, less travel, and more surveillance and censorship. This is all by design, and never coincidental or accidental, as all is a deliberate plot against humanity. Regardless of political considerations or parties, this assault against us all is ongoing, and forever expanding. Every incident, every manipulation, every ’emergency,’ has been planned far in advance, and the world takeover is now closer at hand.

While the state continues to build its new world order, the general population is consumed by one after another false flag event, claimed ’emergency,’ or new ‘threat,’ as stated by the ruling class bent on taking over the world. While the masses are at each other’s throats, the state continues its drive toward total domination. What this indicates is that the people are complicit in their own slavery due to their inability to see the big picture, while concentrating on every distraction thrown at them by this evil ruling force.

What is being ignored is that this world has already been taken over and is being fully controlled by the very few, and the fighting of one against another is continuing to aid in this takeover plot. By concentrating on each and every tyrannical distraction, the people have left themselves open to dictatorial management, and in the process have lost all ability to stop the totalitarian usurpation of their lives and property at the hands of the financial cabal bent on world rule.

By treating each indiscretion as independent of the real agenda being sought, nothing is being done to stop the state in its efforts to fully control all people on earth. By participating in the political and ‘voting’ process; a process designed and implemented for the single purpose of control, by concentrating on the political side shows, by attempting to use corrupt government courts to gain redress from tyrannical maneuvers, by accepting the ruling system as legitimate, by allowing the Federal Reserve and all banks the ability to monitor and control assets through complete digitization, the lowly people are digging their own graves.

It may already be too late to continue this asinine exercise in futility, as the ruling class few are in control of the systems that will allow them to complete their takeover plot. The only answer to this evil attempt to destroy us in favor of the few most powerful, is to negate all government, to negate and abolish the federal reserve system, to disallow any and all control by the banking cartels, to stop any and all efforts to monopolize the economic and monetary system’s efforts to create and implement any central bank digital currencies, and to not accept any new feigned emergency concerning health, fake ‘climate change,’ war threats, unnatural events, or any other intentional  criminal acts meant to cause undue fear among the seemingly helpless proletariat.

The people are not winning; they are losing, but this deadly assault on humanity can still be reversed if even a small majority stand up and take responsibility for their own lives and freedom. If the current trend continues, if the bulk of this population persists in hiding from the truth, if most expect others to save them, all will be lost, but if any true actionable awakening by large numbers becomes evident, the state will fold. This will never happen with any election, and no politician can change the course we are on, as depending on any  master participating in this evil governing system, is the epitome of failure, and can only lead to eternal enslavement.

 “The one thing man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by a World Government, a New World Order.”

~ Henry A. Kissinger

The Ukraine Mess is Animal Farm in Reverse: Starring Blackrock and Other Pigs

By Phil Butler

Source: New Eastern Outlook

Recently, the head of the European Commission, Ursula von der Leyen, said that the European Union should double its assistance to Ukraine. She went on to say the EU should create a support fund of 50 billion euros by the end of the year and that everything should be done to ensure victory on the battlefield for the Ukrainians.

The European Union has created a “support package” for Ukraine for 2023 of up to €18 billion. This money, however, is not in the form of gifts, grants, or to create an emergency war chest. These billions are a loan under an EU macro-financial assistance program dubbed the MFA+ Instrument. In the fine print, EU member states are guaranteeing these loans as well as paying the interest for the Ukrainians. The move is extraordinary given that Ukraine is not an EU member and that, even before the current conflict, was one of the most corrupt governments on Earth. This begs the question, “Why?”

The EU is issuing special bonds to be sold to investors for this purpose at a time when many people in the European Union go without proper healthcare, services, and even employment. The European Union, EU Member States, and European financial institutions have already dispersed some €49 billion to President Zelensky’s regime. This figure, added to the $76.8 billion already funneled to Ukraine, dwarfs any assistance given to any other country in the world. This very conservative report from the Council of Foreign Relations shows the U.S. alone has shoveled more into Zelensky’s coffers than Afghanistan, Israel, Jordan, Ethiopia, and Iraq combined in 2020.

In all, some 47 countries have given money and arms to Ukraine. As of now, EU Institutions (?) handed Zelensky over €30 billion. The UK has forked over about €10 billion as their pensioners worry about what’s for dinner next. Germany has given somewhere around €8 billion, and Japan almost €7 billion. The Netherlands, Canada, and Poland have pitched in about €5 billion each, and the list of others about €14 billion. The numbers, as you would expect, do not all add up. A U.S. News & World Reports story from earlier this year claimed total aid to Zelensky’s country had exceeded €150 billion as of January of this year. Again, why?

The answer, this time, is really simple. BlackRock, and the new investment initiative to rebuild Ukraine (whatever’s left of it). You already knew this, right? Zelensky and BlackRock’s BlackRock CEO Larry Fink met late last year, and in November, the Ukrainian Ministry of the Economy (MoE) and BlackRock Financial Markets Advisory (FMA) signed a memorandum to structure Ukraine’s reconstruction funds (PDF). Also, in on the moneymaking schemes in war-torn Ukraine are Nestlé, International Finance Corporation, the private investment arm of the World Bank, Australia’s Tattarang Group,

Zelensky has called the rebuilding of his country, once it’s been used up as a proxy NATO against Russia, “the greatest opportunity in Europe since World War Two.” Earlier this year, Fink told Barron’s and other financial magazines that Western investors will be “flooding” Ukraine post-war and the country could become “a beacon to the rest of the world of the power of capitalism”. Also, JPMorgan Chase is joining BlackRock to help Ukraine set up a reconstruction bank to steer public seed capital.

This American Conservative report says, “BlackRock Plots to Buy Ukraine,” in a recent editorial. Author Bradley Devlin outlines the Ukraine case, while also revealing how Fink and BlackRock are transforming America into a nation of renters by artificially elevating the prices of normal houses. If ever a man were appropriately named, Fink is that man.

“Why?” Is there any doubt about why some poor untrained bartender from Kyiv is in a foxhole being bombarded by Russian artillery? Doesn’t all the misleading media, inflated Ukraine military gains, and Joe Biden’s cock of the walk attitude toward a peace deal make more sense now? And Ursula, the lady I fondly refer to as Frau von der Clucky for her chicken-like pecking and strutting about while millions either die or are in harm’s way because of all the Western world barnyard antics right out of Orwell’s Animal Farm. While someone’s Dad takes a bullet or shrapnel in Donetsk, our leaders keep crowing, snorting, braying, and hog-wallering in their capitalistic farm dream.

Why? Greed, that’s why.

A War Like No Other in Ukraine

By Peter Van Buren

Source: WeMeantWell.com

Joe Biden created for the U.S. a war like no other, one where others die and the U.S. simply sits back and pays the bills on a gargantuan scale. No attempts are made at diplomacy by the Americans, and the diplomatic efforts of others like the Chinese are dismissed as evil attempts to gain influence in the area (similar for Chinese diplomatic work in the Yemen war.) Biden is coming close to achieving 1984‘s goal of perpetual warfare while only putting a handful of American lives at risk. He has learned lessons from the Cold War, and already put them into play. Can we call it the Biden Doctrine yet?

Biden’s strategy is clear enough now after well more than a year of conflict; what he has been sending to Ukraine jumped from helmets and uniforms to F-16s in only 15 months and shows no signs of stopping. The problem is U.S. weapons are never enough for victory and always “just enough” to allow the battle to go on until then next round. If the Ukrainians think they are playing the U.S. for suckers for free arms they best check who is really paying for everything, in blood.

Putin is playing this game himself in a way, careful not to introduce anything too powerful, such as strategic bombers, and upset the balance and offer Biden the chance to intervene in the war directly (one can hear old man Biden on TV now, explaining American airstrikes are needed to prevent a genocide, the go-to excuse he learned at Obama’s knee.) That’s what the current escalation holds, airpower. Ukraine will find even with the promise of the F-16 it can’t acquire aircraft and train up pilots fast enough (minimum training time is 18-24 months), and next will be begging the U.S. to serve as its air force. As it is the planes are likely to be based out of Poland and Romania, suggesting NATO will pick up the high-skilled tasks of maintaining and repairing them. Left unclear is the NATO role in required aerial refueling to keep the planes over the battlefield. F-16s aside, a spin off bonus to all these weapons gifts is that the vast majority of transfers to date have been “presidential drawdowns.” This means the U.S. sends used or older weapons to Ukraine, after which the Pentagon can use the Congressionally-authorized funds to replenish their stocks by purchasing new arms. The irony that war machines once in Iraq are now on the ground in Ukraine can’t be missed.

The U.S. strategy seems based on creating a ghastly tie of sorts, two sides lined up across a field shooting at each other until one side called it quits for the day. Same as in 1865, same as in 1914, but the new factor is today those armies face off across those fields with 21st-century HIMARS artillery, machine guns, and other tools of killing far more effective than a musket. It is unsustainable, literally chewing up men, albeit not Americans. The question meanwhile of how many more Ukrainians have to die is answered privately by Joe Biden as “potentially all of them.” Anything else requires you to cynically believe Biden thinks he can simply purchase victory,

Up until now this has all been the Cold War playbook. Fighting to the last Afghan was a strategy perfected in Soviet-held Afghanistan in the 1980s. Yet what is different is the scale — since Russia invaded Ukraine, the United States sent over $37 billion worth of military aid to support Kiev’s war effort, the single largest arms transfer in U.S. history and one with no signs of stopping. A single F-16 costs up to $350 million a copy if bought with weapons, maintenance equipment, and spare parts kits.

Yet despite the similarities to Cold War Strategy 101, some lessons have been learned over the intervening years. One of America’s fail-points throughout the Cold War and the War on Terror was the use of puppet governments largely imposed or direly supported by American money and muscle. Because these governments lacked the support of the people (see Vietnam, Iraq, and Afghanistan) they were non-starters with the lifespan of fruit flies. Ukraine is different; the puppet government is the government, beholden to the U.S. for its very survival but more or less supported directly by the people for now.

The other lesson learned has to do with nation building, or rebuilding or reconstruction, whatever the vast post-war expenditures will be called in this conflict. No more straight-up governmental efforts as in Vietnam, Iraq, and Afghanistan. This time it will be all private enterprise. “It is obvious that American business can become the locomotive that will once again push forward global economic growth,” President Zelensky said, boasting that BlackRock, JP Morgan, and Goldman Sachs, and others “have already become part of our Ukrainian way.”

The NYT calls Ukraine “the world’s largest construction site” and predicts projects there in the multi-billions, as high in some estimates as $750 billion. It will be, says the Times, a “gold rush: the reconstruction of Ukraine once the war is over. Russia is stepping up its offensive heading into the second year of the war, but already the staggering rebuilding task is evident. Hundreds of thousands of homes, schools, hospitals and factories have been obliterated along with critical energy facilities and miles of roads, rail tracks and seaports. The profound human tragedy is unavoidably also a huge economic opportunity.” Earlier this year JP Morgan and Zelensky signed a memorandum of understanding stipulating Morgan would assist Ukraine in its reconstruction.

And maybe those large American companies have learned the lessons of Iraq and Afghanistan. Of the billions spent, much money was wasted on dead ends and much was siphoned off due to corruption. But success or failure, the contractors always got paid in our Wars of Terror. With that in mind, more than 300 companies from 22 countries signed up for a Rebuild Ukraine exhibition and conference in Warsaw. At the World Economic Forum in Davos, Switzerland, a standing-room-only crowd packed Ukraine House to discuss investment opportunities.

The eventual gold rush in rebuilding makes for an interesting addendum to the Biden strategy of fighting to the last Ukrainian. The more that is destroyed the more that needs to be rebuilt, and the potential for more money to pour into U.S. companies smart enough to wait by the trough for the killing to subside. But why wait? Drones operated by Danish companies have already mapped every bombed-out structure in the Mykolaiv Oblast region, with an eye toward using the data to help decide what reconstruction contracts should be issued.

So let’s put some lipstick on this pig of a strategy and call it the Biden Doctrine. Part I is to limit direct U.S. combat involvement while fanning the flames for others. Part II is to provide massive amounts of arms to enable a fight to the last local person. Part III is to transform the home government into a puppet instead of creating an unpopular one afresh. Part IV is to turn the reconstruction process into a profit center for American companies. How long the war lasts and how many die are cynically not part of the strategy. The off ramp in Ukraine, a diplomatic outcome that resets the map to pre-invasion 2022 levels, is clear enough to Washington. The Biden administration seems content, shamefully, not to call forcefully for diplomatic efforts but instead to bleed out the Russians as if this was Afghanistan 1980, albeit in the heart of Europe.

Toxic Contagion – Funds, Food and Pharma

By Colin Todhunter

Source: Off-Guardian

In 2014, the organisation GRAIN revealed that small farms produce most of the world’s food in its report Hungry for land: small farmers feed the world with less than a quarter of all farmland.

The report Small-scale Farmers and Peasants Still Feed the World (ETC Group, 2022) confirmed this.

Small farmers produce up to 80% of the food in the non-industrialised countries. However, they are currently squeezed onto less than a quarter of the world’s farmland. The period 1974-2014 saw 140 million hectares – more than all the farmland in China – being taken over for soybean, oil palm, rapeseed and sugar cane plantations.

GRAIN noted that the concentration of fertile agricultural land in fewer and fewer hands is directly related to the increasing number of people going hungry every day. While industrial farms have enormous power, influence and resources, GRAIN’s data showed that small farms almost everywhere outperform big farms in terms of productivity.

In the same year, policy think tank the Oakland Institute released a report stating that the first years of the 21 century will be remembered for a global land rush of nearly unprecedented scale. An estimated 500 million acres, an area eight times the size of Britain, were reported bought or leased across the developing world between 2000 and 2011, often at the expense of local food security and land rights.

Institutional investors, including hedge funds, private equity, pension funds and university endowments, were eager to capitalise on global farmland as a new and highly desirable asset class.

This trend was not confined to buying up agricultural land in low-income countries. Oakland Institute’s Anuradha Mittal argued that there was a new rush for US farmland. One industry leader estimated that $10 billion in institutional capital was looking for access to this land in the US.

Although investors believed that there is roughly $1.8 trillion worth of farmland across the US, of this between $300 billion and $500 billion (2014 figures) is considered to be of “institutional quality” – a combination of factors relating to size, water access, soil quality and location that determine the investment appeal of a property.

In 2014, Mittal said that if action is not taken, then a perfect storm of global and national trends could converge to permanently shift farm ownership from family businesses to institutional investors and other consolidated corporate operations.

WHY THIS MATTERS

Peasant/smallholder agriculture prioritises food production for local and national markets as well as for farmers’ own families, whereas corporations take over fertile land and prioritise commodities or export crops for profit and markets far away that tend to cater for the needs of more affluent sections of the global population.

In 2013, a UN report stated that farming in rich and poor nations alike should shift from monocultures towards greater varieties of crops, reduced use of fertilisers and other inputs, increased support for small-scale farmers and more locally focused production and consumption of food. The report stated that monoculture and industrial farming methods were not providing sufficient affordable food where it is needed.

In September 2020, however, GRAIN showed an acceleration of the trend that it had warned of six years earlier: institutional investments via private equity funds being used to lease or buy up farms on the cheap and aggregate them into industrial-scale concerns. One of the firms spearheading this is the investment asset management firm BlackRock, which exists to put its funds to work to make money for its clients.

BlackRock holds shares in a number of the world’s largest food companies, including Nestlé, Coca-Cola, PepsiCo, Walmart, Danone and Kraft Heinz and also has significant shares in most of the top publicly traded food and agriculture firms: those which focus on providing inputs (seeds, chemicals, fertilisers) and farm equipment as well as agricultural trading companies, such as Deere, Bunge, ADM and Tyson (based on BlackRock’s own data from 2018).

Together, the world’s top five asset managers – BlackRock, Vanguard, State Street, Fidelity and Capital Group – own around 10–30% of the shares of the top firms in the agrifood sector.

The article Who is Driving the Destructive Industrial Agriculture Model? (2022) by Frederic Mousseau of the Oakland Institute showed that BlackRock and Vanguard are by far the biggest shareholders in eight of the largest pesticides and fertiliser companies: Yara, CF Industries Holdings K+S Aktiengesellschaft, Nutrien, The Mosaic Company, Corteva and Bayer.

These companies’ profits were projected to double, from US$19 billion in 2021 to $38 billion in 2022, and will continue to grow as long as the industrial agriculture production model on which they rely keeps expanding. Other major shareholders include investment firms, banks and pension funds from Europe and North America.

Through their capital injections, BlackRock et al fuel and make huge profits from a globalised food system that has been responsible for eradicating indigenous systems of production, expropriating seeds, land and knowledge, impoverishing, displacing or proletarianizing farmers and destroying rural communities and cultures. This has resulted in poor-quality food and illness, human rights abuses and ecological destruction.

SYSTEMIC COMPULSION

Post-1945, the Rockefeller Chase Manhattan bank with the World Bank helped roll out what has become the prevailing modern-day agrifood system under the guise of a supposedly ‘miraculous’ corporate-controlled, chemical-intensive Green Revolution (its much-heralded but seldom challenged ‘miracles’ of increased food production are nothing of the sort; for instance, see the What the Green Revolution Did for India and New Histories of the Green Revolution).

Ever since, the IMF, the World Bank and the WTO have helped consolidate an export-oriented industrial agriculture based on Green Revolution thinking and practices. A model that uses loan conditionalities to compel nations to ‘structurally adjust’ their economies and sacrifice food self-sufficiency.

Countries are placed on commodity crop production treadmills to earn foreign currency (US dollars) to buy oil and food on the global market (benefitting global commodity traders like Cargill, which helped write the WTO trade regime – the Agreement on Agriculture), entrenching the need to increase cash crop cultivation for exports.

Today, investment financing is helping to drive and further embed this system of corporate dependency worldwide. BlackRock is ideally positioned to create the political and legislative framework to maintain this system and increase the returns from its investments in the agrifood sector.

The firm has around $10 trillion in assets under its management and has, according to William Engdahl, positioned itself to effectively control the US Federal Reserve, many Wall Street mega-banks and the Biden administration: a number of former top people at BlackRock are in key government positions, shaping economic policy.

So, it is no surprise that we are seeing an intensification of the lop-sided battle being waged against local markets, local communities and indigenous systems of production for the benefit of global private equity and big agribusiness.

For example, while ordinary Ukrainians are currently defending their land, financial institutions are supporting the consolidation of farmland by rich individuals and Western financial interests. It is similar in India (see the article The Kisans Are Right: Their Land Is at Stake) where a land market is being prepared and global investors are no doubt poised to swoop.

In both countries, debt and loan conditionalities on the back of economic crises are helping to push such policies through. For instance, there has been a 30+ year plan to restructure India’s economy and agriculture. This stems from the country’s 1991 foreign exchange crisis, which was used to impose IMF-World Bank debt-related ‘structural adjustment’ conditionalities. The Mumbai-based Research Unit for Political Economy locates agricultural ‘reforms’ within a broader process of Western imperialism’s increasing capture of the Indian economy.

Yet ‘imperialism’ is a dirty word never to be used in ‘polite’ circles. Such a notion is to be brushed aside as ideological by the corporations that benefit from it. Instead, what we constantly hear from these conglomerates is that countries are choosing to embrace their entry and proprietary inputs into the domestic market as well as ‘neoliberal reforms’ because these are essential if we are to feed a growing global population. The reality is that these firms and their investors are attempting to deliver a knockout blow to smallholder farmers and local enterprises in places like India.

But the claim that these corporations, their inputs and their model of agriculture is vital for ensuring global food security is a proven falsehood. However, in an age of censorship and doublespeak, truth has become the lie and the lie is truth. Dispossession is growth, dependency is market integration, population displacement is land mobility, serving the needs of agrifood corporations is modern agriculture and the availability of adulterated, toxic food as part of a monoculture diet is feeding the world.

And when a ‘pandemic’ was announced and those who appeared to be dying in greater numbers were the elderly and people with obesity, diabetes and cardio-vascular disease, few were willing to point the finger at the food system and its powerful corporations,   practices and products that are responsible for the increasing prevalence of these conditions (see campaigner Rosemary Mason’s numerous papers documenting this on Academia.edu). Because this is the real public health crisis that has been building for decades.

But who cares? BlackRock, Vanguard and other institutional investors? Highly debatable because if we turn to the pharmaceuticals industry, we see similar patterns of ownership involving the same players.

A December 2020 paper on ownership of the major pharmaceuticals companies, by researchers Albert Banal-Estanol, Melissa Newham and Jo Seldeslachts, found the following (reported on the website of TRT World, a Turkish news media outlet):

Public companies are increasingly owned by a handful of large institutional investors, so we expected to see many ownership links between companies — what was more surprising was the magnitude of common ownership… We frequently find that more than 50 per cent of a company is owned by ‘common’ shareholders who also own stakes in rival pharma companies.”

The three largest shareholders of Pfizer, J&J and Merck are Vanguard, SSGA and BlackRock.

In 2019, the Centre for Research on Multinational Corporations reported that payouts to shareholders had increased by almost 400 per cent — from $30 billion in 2000 to $146 billion in 2018. Shareholders made $1.54 trillion in profits over that 18-year period.

So, for institutional investors, the link between poor food and bad health is good for profit. While investing in the food system rakes in enormous returns, you can perhaps double your gains if you invest in pharma too.

These findings predate the 2021 documentary Monopoly: An Overview of the Great Reset, which also shows that the stock of the world’s largest corporations are owned by the same institutional investors. ‘Competing’ brands, like Coke and Pepsi, are not really competitors, since their stock is owned by the same investment companies, investment funds, insurance companies and banks.

Smaller investors are owned by larger investors. Those are owned by even bigger investors. The visible top of this pyramid shows only Vanguard and Black Rock.

A 2017 Bloomberg report states that both these companies in the year 2028 together will have investments amounting to $20 trillion.

While individual corporations – like Pfizer and Monsanto/Bayer, for instance – should be (and at times have been) held to account for some of their many wrongdoings, their actions are symptomatic of a system that increasingly leads back to the boardrooms of the likes of BlackRock and Vanguard.

Prof Fabio Vighi of Cardiff University says:

Today, capitalist power can be summed up with the names of the three biggest investment funds in the world: BlackRock, Vanguard and State Street Global Advisor. These giants, sitting at the centre of a huge galaxy of financial entities, manage a mass of value close to half the global GDP, and are major shareholders in around 90% of listed companies.”

These firms help shape and fuel the dynamics of the economic system and the globalised food regime, ably assisted by the World Bank, the IMF, the WTO and other supranational institutions. A system that leverages debt, uses coercion and employs militarism to secure continued expansion.

Global Planned Financial Tsunami Has Just Begun

By F. William Engdahl

Source: Global Research

Since the creation of the US Federal Reserve over a century ago, every major financial market collapse has been deliberately triggered for political motives by the central bank. The situation is no different today, as clearly the US Fed is acting with its interest rate weapon to crash what is the greatest speculative financial bubble in human history, a bubble it created. Global crash events always begin on the periphery, such as with the 1931 Austrian Creditanstalt or the Lehman Bros. failure in September 2008. The June 15 decision by the Fed to impose the largest single rate hike in almost 30 years as financial markets are already in a meltdown, now guarantees a global depression and worse.

The extent of the “cheap credit” bubble that the Fed, the ECB and Bank of Japan have engineered with buying up of bonds and maintaining unprecedented near-zero or even negative interest rates for now 14 years, is beyond imagination. Financial media cover it over with daily nonsense reporting , while the world economy is being readied, not for so-called “stagflation” or recession. What is coming now in the coming months, barring a dramatic policy reversal, is the worst economic depression in history to date. Thank you, globalization and Davos.

Globalization

The political pressures behind globalization and the creation of the World Trade Organization out of the Bretton Woods GATT trade rules with the 1994 Marrakesh Agreement, ensured that the advanced industrial manufacturing of the West, most especially the USA, could flee offshore, “outsource” to create production in extreme low wage countries. No country offered more benefit in the late 1990s than China. China joined WHO in 2001 and from then on the capital flows into China manufacture from the West have been staggering. So too has been the buildup of China dollar debt. Now that global world financial structure based on record debt is all beginning to come apart.

When Washington deliberately allowed the September 2008 Lehman Bros financial collapse, the Chinese leadership responded with panic and commissioned unprecedented credit to local governments to build infrastructure. Some of it was partly useful, such as a network of high-speed railways. Some of it was plainly wasteful, such as construction of empty “ghost cities.” For the rest of the world, the unprecedented China demand for construction steel, coal, oil, copper and such was welcome, as fears of a global depression receded. But the actions by the US Fed and ECB after 2008, and of their respective governments, did nothing to address the systemic financial abuse of the world’s major private banks on Wall Street and Europe , as well as Hong Kong.

The August 1971 Nixon decision to decouple the US dollar, the world reserve currency, from gold, opened the floodgates to global money flows. Ever more permissive laws favoring uncontrolled financial speculation in the US and abroad were imposed at every turn, from Clinton’s repeal of Glass-Steagall at the behest of Wall Street in November 1999. That allowed creation of mega-banks so large that the government declared them “too big to fail.” That was a hoax, but the population believed it and bailed them out with hundreds of billions in taxpayer money.

Since the crisis of 2008 the Fed and other major global central banks have created unprecedented credit, so-called “helicopter money,” to bailout the major financial institutions. The health of the real economy was not a goal. In the case of the Fed, Bank of Japan, ECB and Bank of England, a combined $25 trillion was injected into the banking system via “quantitative easing” purchase of bonds, as well as dodgy assets like mortgage-backed securities over the past 14 years.

Quantitative madness

Here is where it began to go really bad. The largest Wall Street banks such as JP MorganChase, Wells Fargo, Citigroup or in London HSBC or Barclays, lent billions to their major corporate clients. The borrowers in turn used the liquidity, not to invest in new manufacturing or mining technology, but rather to inflate the value of their company stocks, so-called stock buy-backs, termed “maximizing shareholder value.”

BlackRock, Fidelity, banks and other investors loved the free ride. From the onset of Fed easing in 2008 to July 2020, some $5 trillions had been invested in such stock buybacks, creating the greatest stock market rally in history. Everything became financialized in the process. Corporations paid out $3.8 trillion in dividends in the period from 2010 to 2019. Companies like Tesla which had never earned a profit, became more valuable than Ford and GM combined. Cryptocurrencies such as Bitcoin reached market cap valuation over $1 trillion by late 2021. With Fed money flowing freely, banks and investment funds invested in high-risk, high profit areas like junk bonds or emerging market debt in places like Turkey, Indonesia or, yes, China.

The post-2008 era of Quantitative Easing and zero Fed interest rates led to absurd US Government debt expansion. Since January 2020 the Fed, Bank of England, European Central Bank and Bank of Japan have injected a combined $9 trillion in near zero rate credit into the world banking system. Since a Fed policy change in September 2019, it enabled Washington to increase public debt by a staggering $10 trillion in less than 3 years. Then the Fed again covertly bailed out Wall Street by buying $120 billion per month of US Treasury bonds and Mortgage-Backed Securities creating a huge bond bubble.

A reckless Biden Administration began doling out trillions in so-called stimulus money to combat needless lockdowns of the economy. US Federal debt went from a manageable 35% of GDP in 1980 to more than 129% of GDP today. Only the Fed Quantitative Easing, buying of trillions of US government and mortgage debt and the near zero rates made that possible. Now the Fed has begun to unwind that and withdraw liquidity from the economy with QT or tightening, plus rate hikes. This is deliberate. It is not about a stumbling Fed mis-judging inflation.

Energy drives the collapse

Sadly, the Fed and other central bankers lie. Raising interest rates is not to cure inflation. It is to force a global reset in control over the world’s assets, it’s wealth, whether real estate, farmland, commodity production, industry, even water. The Fed knows very well that Inflation is only beginning to rip across the global economy. What is unique is that now Green Energy mandates across the industrial world are driving this inflation crisis for the first time, something deliberately ignored by Washington or Brussels or Berlin.

The global shortages of fertilizers, soaring prices of natural gas, and grain supply losses from global draught or exploding costs of fertilizers and fuel or the war in Ukraine, guarantee that, at latest this September-October harvest time, we will undergo a global additional food and energy price explosion. Those shortages all are a result of deliberate policies.

Moreover, far worse inflation is certain, due to the pathological insistence of the world’s leading industrial economies led by the Biden Administration’s anti-hydrocarbon agenda. That agenda is typified by the astonishing nonsense of the US Energy Secretary stating, “buy E-autos instead” as the answer to exploding gasoline prices.

Similarly, the European Union has decided to phase out Russian oil and gas with no viable substitute as its leading economy, Germany, moves to shut its last nuclear reactor and close more coal plants. Germany and other EU economies as a result will see power blackouts this winter and natural gas prices will continue to soar. In the second week of June in Germany gas prices rose another 60% alone. Both the Green-controlled German government and the Green Agenda “Fit for 55” by the EU Commission continue to push unreliable and costly wind and solar at the expense of far cheaper and reliable hydrocarbons, insuring an unprecedented energy-led inflation.

Fed has pulled the plug

With the 0.75% Fed rate hike, largest in almost 30 years, and promise of more to come, the US central bank has now guaranteed a collapse of not merely the US debt bubble, but also much of the post-2008 global debt of $303 trillion. Rising interest rates after almost 15 years mean collapsing bond values. Bonds, not stocks, are the heart of the global financial system.

US mortgage rates have now doubled in just 5 months to above 6%and home sales were already plunging before the latest rate hike. US corporations took on record debt owing to the years of ultra-low rates. Some 70% of that debt is rated just above “junk” status. That corporate non-financial debt totaled $9 trillion in 2006. Today it exceeds $18 trillion. Now a large number of those marginal companies will not be able to rollover the old debt with new, and bankruptcies will follow in coming months. The cosmetics giant Revlon just declared bankruptcy.

The highly-speculative, unregulated Crypto market, led by Bitcoin, is collapsing as investors realize there is no bailout there. Last November the Crypto world had a $3 trillion valuation. Today it is less than half, and with more collapse underway. Even before the latest Fed rate hike the stock value of the US megabanks had lost some $300 billion. Now with stock market further panic selling guaranteed as a global economic collapse grows, those banks are pre-programmed for a new severe bank crisis over the coming months.

As US economist Doug Noland recently noted, “Today, there’s a massive “periphery” loaded with “subprime” junk bonds, leveraged loans, buy-now-pay-later, auto, credit card, housing, and solar securitizations, franchise loans, private Credit, crypto Credit, DeFi, and on and on. A massive infrastructure has evolved over this long cycle to spur consumption for tens of millions, while financing thousands of uneconomic enterprises. The “periphery” has become systemic like never before. And things have started to Break.”

The Federal Government will now find its interest cost of carrying a record $30 trillion in Federal debt far more costly. Unlike the 1930s Great Depression when Federal debt was near nothing, today the Government, especially since the Biden budget measures, is at the limits. The US is becoming a Third World economy. If the Fed no longer buys trillions of US debt, who will? China? Japan? Not likely.

Deleveraging the bubble

With the Fed now imposing a Quantitative Tightening, withdrawing tens of billions in bonds and other assets monthly, as well as raising key interest rates, financial markets have begun a deleveraging. It will likely be jerky, as key players like BlackRock and Fidelity seek to control the meltdown for their purposes. But the direction is clear.

By late last year investors had borrowed almost $1 trillion in margin debt to buy stocks. That was in a rising market. Now the opposite holds, and margin borrowers are forced to give more collateral or sell their stocks to avoid default. That feeds the coming meltdown. With collapse of both stocks and bonds in coming months, go the private retirement savings of tens of millions of Americans in programs like 401-k. Credit card auto loans and other consumer debt in the USA has ballooned in the past decade to a record $4.3 trillion at end of 2021. Now interest rates on that debt, especially credit card, will jump from an already high 16%. Defaults on those credit loans will skyrocket.

Outside the US what we will see now, as the Swiss National Bank, Bank of England and even ECB are forced to follow the Fed raising rates, is the global snowballing of defaults, bankruptcies, amid a soaring inflation which the central bank interest rates have no power to control. About 27% of global nonfinancial corporate debt is held by Chinese companies, estimated at $23 trillion. Another $32 trillion corporate debt is held by US and EU companies. Now China is in the midst of its worst economic crisis since 30 years and little sign of recovery. With the USA, China’s largest customer, going into an economic depression, China’s crisis can only worsen. That will not be good for the world economy.

Italy, with a national debt of $3.2 trillion, has a debt-to-GDP of 150%. Only ECB negative interest rates have kept that from exploding in a new banking crisis. Now that explosion is pre-programmed despite soothing words from Lagarde of the ECB. Japan, with a 260% debt level is the worst of all industrial nations, and is in a trap of zero rates with more than $7.5 trillion public debt. The yen is now falling seriously, and destabilizing all of Asia.

The heart of the world financial system, contrary to popular belief, is not stock markets. It is bond markets—government, corporate and agency bonds. This bond market has been losing value as inflation has soared and interest rates have risen since 2021 in the USA and EU. Globally this comprises some $250 trillion in asset value a sum that, with every fed interest rise , loses more value. The last time we had such a major reverse in bond values was forty years ago in the Paul Volcker era with 20% interest rates to “squeeze out inflation.”

As bond prices fall, the value of bank capital falls. The most exposed to such a loss of value are major French banks along with Deutsche Bank in the EU, along with the largest Japanese banks. US banks like JP MorganChase are believed to be only slightly less exposed to a major bond crash. Much of their risk is hidden in off-balance sheet derivatives and such. However, unlike in 2008, today central banks can’t rerun another decade of zero interest rates and QE. This time, as insiders like ex-Bank of England head Mark Carney noted three years ago, the crisis will be used to force the world to accept a new Central Bank Digital Currency, a world where all money will be centrally issued and controlled. This is also what Davos WEF people mean by their Great Reset. It will not be good. A Global Planned Financial Tsunami Has Just Begun.