There are systemic aspects about the banking, monetary, and economic system that are not taught in the schools and universities of the world and are rarely discussed on corporate owned news and media networks. Knowledge of these aspects is absolutely essential for everyone in the world that wishes to understand how the economic world ‘actually’ works and how worldwide society has been brought to the brink of financial ruin (currently almost all governments of the world are in vast debt) while the vast resources of human productivity and of nature are continually exploited by a small group of people that control these systems. See also the book Demonic Economics and the Tricks of the Bankers.1
.
This article explores:
- Why do governments prioritise GDP Growth?
- The debt-money system increases and reduces the availability credit at will
- The boom-bust-bailout Cycle that places nations in debt
- The 2008 banking crises in Europe and the Icelandic solution
- The treadmill of tax and debt slavery
- Whoever controls the money creation process controls the world – The pyramid of control
- Who owns the banks and asset management companies that own the world?
So who owns the world?
A study2 was conducted at the Swiss Federal Institute of Technology in Zurich, Switzerland, on the relationships between 37 million companies and investors worldwide, and there is a ‘super-entity’ of just 147 tightly knit mega-corporations that controls 40 percent of the entire global economy, and all of their ownership was held by other members of the super-entity. According to James B. Glattfelder, one of the authors of the study: “In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network”. Most were financial institutions and included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group. The dominant players appear to be the banking families that have been operating private banking for generations. [This] is mentioned in books including ‘The Web of Debt’ by Ellen Brown, chair of the U.S. Public Banking Institute. Families that are often mentioned in relation to the banking industry include the Rothschild banking dynasty[15] (associated with US Trust owned by Bank of America), The Rockefeller world business empire (associated with Citigroup), the Schiff’s, the Morgan’s[16] (associated with Morgan Stanley, etc.), and the Warburg’s.
Author Dean Henderson writes in an article:3 “The Four Horsemen of Banking (Bank of America, JP Morgan Chase, Citigroup and Wells Fargo)… According to company 10K filings to the SEC, the Four Horsemen of Banking are among the top ten stock holders of virtually every Fortune 500corporation… One important repository for the wealth of the global oligarchy that owns these bank holding companies is US Trust Corporation – founded in 1853 and now owned by Bank of America. A recent US Trust Corporate Director and Honorary Trustee was Walter Rothschild…”.4
Furthermore, according to Ellen Brown, chairperson of the Public Banking Institute in the U.S. asset management companies, such as Blackrock, literally own much of the U.S. and the world. She states: “BlackRock has a controlling interest in all the major corporations in the S&P 500. It professes not to “own” the funds. It just acts as a kind of “custodian” for its investors — or so it claims. But BlackRock and the other Big 3 ETFs (Exchange Traded Funds) vote the corporations’ shares; so from the point of view of management, they are the owners”.5 And as observed in a 2017 article from the University of Amsterdam titled “These Three Firms Own Corporate America”6 they vote 90% of the time in favor of management.”7
- https://www.amazon.com.au/dp/B0C1JBC4PJ?ref_=mr_direct_us_au_au&showmri ↩︎
- The study is available at: https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0025995#s3 ↩︎
- Source: https://www.globalresearch.ca/the-federal-reserve-cartel-the-eight-families/25080 ↩︎
- Source: 10K Filings of Fortune 500 Corporations to SEC. 3-91 ↩︎
- https://www.investigate-europe.eu/en/posts/blackrock-the-company-that-owns-the-world ↩︎
- https://theconversation.com/these-three-firms-own-corporate-america-77072#:~:text=Corporate%2520American%2520monopoly&text=The%2520Big%2520Three%2520%25E2%2580%2593%2520seen%2520together,Bank%2520of%2520America%252C%2520and%2520Citigroup. ↩︎
- Ellen Brown’s blog articles are posted at EllenBrown.com ↩︎
