Over the years, I touched upon Blackrock periodically. This is one of the most powerful institutions in the world. However, as the saying goes...the harder they fall.
One of the main challenges with Blackrock is their size. When you have assets under management totally more than $10 trillion, how do you remain liquid? In other words, if the need to sell arises, the demand simply will not match.
This can be compounded by making moves that can have catastrophic effects.
Many have opined that Blackrock is going to get crushed with in the housing market. The company purchased a number of firms that have tens of thousands of single family homes. Since many of these are in the same market, they could find their moves flood the market.
For now, this is a wait and see with that portion of their portfolio.
Total Loss In Ukraine
Blackrock is one of the companies that is looking to be heavy on the reconstruction of Ukraine. Some estimates put it higher than what was required for Germany afterWorld War 2.
When dealing with war, it is hard to get past the propaganda. After all, the first casualty is always the truth. For that reason, many buy into what the mainstream media promotes which, these days, is nothing more than the propaganda aarm of the government.
And when it comes to the United States, this means the warmongers.
Here is the issue.
Ukraine is going to lose. To think they could stand up to Russia was insane. That is like Cuba taking over the United States. So far, more than 500K Ukrainian soldiers are dead.
Of course, there is no peace. An agreement was in the works until Boris Johnson, likely at the request of the United States, met with Zelinskyy and put a stop to that. Ergo, more Ukrainians died.
None of this is of concern to Blackrock. Loss of life is not on the agenda of Wall Street bankers. The only motive is profit.
Here is where the investment is starting.
A coalition of investors, with support from BlackRock and JPMorgan, are aiming to put together $15 billion in aid to rebuild Ukraine. In a new group known as the Ukraine Development fund, they are supporting investments from state bodies and capital markets; the fund will bring together a consortium of investors to finance at least $15 billion of reconstruction work in the country after two years of Russian invasion.
Blackrock is salivating to get their hands on Ukraine. They will look to monopolize land, industries, and whatever else is not tied down. This is classic pillaging.
If the Ukrainians were to survive, they would be completely beholden to the likes of Blackrock.
Ukraine's Death
Tomorrow is the last day of Zelenskyy's term. There is one problem: he cancelled the elections.
He also suspended the payments on the Ukrainian debt.
Basically, Zelenskyy is a dictator for life as long as the war wages on. Of course, now institutions like Blackrock and JP Morgan are asking for their money back. It will be a total loss.
There is a good chance that Ukraine will not even survive as a country. Another couple years of economic (along with physical) destruction, will eliminate any hope for the future. Even those who do survive, there will not be much left.
The State Department of the United States is filled with warmongers. These people want genocide of the Russian people. It is supported by people like Senator Lindsey Graham, who feels 'Russians dying’ the ‘best money US has spent’.
Zelenskyy is getting rich off the war. He is no different than anyone else. Conflict is big business. We can be sure there are some very posh jobs awaiting the members of the State Department when they decide to leave.
The problem is the history in these matters.
Do we recall Iraq? Afghanistan? Syria? Vietnam?
Can anyone guess how these turned out? Did the US and its allies gain victory? After two decades, untold hundreds of billions spent in Afghanistan, the US pulls out only for the terrorists to move right back in.
Why does anyone believe this time will be different?
The reality is that people like Lindsey Graham have been waging war with Russia for 30 years, all in an attempt to wipe it out. They are aching for it to fall.
Now Ukraine is stuck in the middle.
Blackrock bought into the nonsense, believing a quick victory was assured. Look at the date of the second linked article (Dec 2022).
Yet here we are, 18 months later, and Russia is still taking it to the Ukranians.
Does Blackrock seriously think it is going to get its money back? The macro effects are going to assure a total loss of any funds put into that country.
Now buying the stock of the companies that make up the military industrial complex? That might be a better move for Fink.