The unregulated shadow banks are now the owners of even the regulated big banks, but also of, for example, all the big digital corporations. At the same time, BlackRock & Co have managed to remain virtually unknown to the general public.
The new slogans of Hong Kong’s black bloc – a mob on a rampage connected to the black shirt protestors – made their first appearance on a rainy Sunday afternoon, scrawled on walls in Kowloon.
When it comes to meetings that determine the trajectory of global development, the first half of June was a busy time. The G7 Summit was held in Bavaria, and the Bilderberg Club conducted its annual meeting next door in Austria on June 14. Many of the participants in that club’s meetings carry more weight than the presidents and prime ministers from the Group of Seven. We know that each year, the presidents and chairmen of the boards of directors of banks and corporations with impressive brand names like JPMorgan, Goldman Sachs, Morgan Stanley, Deutsche Bank, Lizard, Banco Santander, HSBC, Royal Dutch Shell, British Petroleum, Alcoa, Google, etc. all meet as part of that club. Those brands are household names, and there is no denying the economic and political influence these banks and corporations wield all over the world…