By Lee Camp (Also check out theĀ video versionĀ of this column.)
Ā
By the end of this column youāll know who controls the worldā¦ whether you like it or not.
Where the money flows in this world decides the direction of humanity (at least for now). So the people with the most money truly control much of the world. And I donāt just mean billionaires. There are entities with way more money than Donald Trump or Elon Musk, and they truly have the steering wheelā¦ or the rudder, depending on what form of locomotion youāre most familiar with. Or if youāre ādoing the Locomotionā then I guess it would be your hips. So these parasites have the hips. (Thatās an uncomfortable image on Jamie Dimon.)
The answer as to who controls most of the world is the top asset management firmsāAKA āshadow banks.ā And they haveĀ unimaginableĀ wealth.
The top 5 asset management firms are:
BlackRock: $11.6Ā Trillion! (!!!)
Vanguard: $9.3 Trillion
UBS: $5.7 Trillion
Fidelity: $4.9 Trillion
State Street: $4.7 Trillion
And my cousin Nathan: $250
(Heās just getting started. Probably shouldnāt be on the list but I owed him ācause he scored me some molly so I could get through my kidās parent-teacher conference.)
Try to imagine how much money a trillion dollars is. If you spent $100,000 a year, in order to spend $1Ā trillion, youād have to keep doing that forĀ 10 million years!Ā If you spent $100,000Ā a dayāSo youāre either Kim Kardashian or a lunaticāin order to spend $1 trillion, it would take you overĀ 27,000 years! (Which is older than Larry EllisonāsĀ originalĀ head before he got the prosthetic one.)
The people who run these funds are the true dominant rulers of much of the world, and theyāre talked about in the media less than a Native American protesting the petrodollar. So while these shadow banks sit on trillions, what about everyone else? One in three people on our planet suffer malnutrition. As theĀ Guardian reported, āEach year, poor nutrition kills 3.1 million children under the age of five.ā
ThreeĀ MillionĀ kids killed by this greedā¦