Billionaire BlackRock CEO: 'Doesn't matter' who wins US election; Trump & Kamala benefit Wall Street from Geopolitical Economy Report

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Ben Norton

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Billionaire BlackRock CEO: 'Doesn't matter' who wins US election; Trump & Kamala benefit Wall Street

29 minutes Posted Nov 3, 2024 at 2:17 pm.

US election season

BlackRock CEO: it “really doesn’t matter” who wins US elections

The "Big Three" Wall Street asset managers

S&P 500 and Nasdaq bubbles

Richest 10% of Americans own 93% of stocks

Princeton study: USA is oligarchy, not democracy

Billions spent buying US elections

Money buys seats in Congress (90% of the time)

Crypto industry funds Republicans & Democrats

Biden promised rich donors "nothing would fundamentally change"

Extreme wealth & income inequality in USA

US wages stagnated while productivity soared

Financialization of US economy

Inflation & cost of living crisis

House prices grow much faster than wages

Blackstone: the world's largest landlord

Private equity

Blackstone CEO Stephen Schwarzman funds Trump

Kamala Harris & Trump woo Wall Street

Trump tax cuts make rich much richer

BlackRock makes economic policy for Biden & Harris

USA is an oligarchy

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Billionaire BlackRock CEO Larry Fink said it “really doesn’t matter” who wins the US presidential election, because both Donald Trump and Kamala Harris will be good for Wall Street. Ben Norton shows how the United States is not a democracy but rather an oligarchy, in which big corporations buy politicians and lobbyists create policies.

VIDEO: https://www.youtube.com/watch?v=chPfp01rsD0

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