Win / GreatAwakening
GreatAwakening
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Reason: None provided.

I feel like people really misunderstand this blackrock and vanguard crap. Before I start, I'm NOT defending them. They're both cabal companies without a doubt, but people REALLY hype them up to be something they're not. For example, the real estate thing. I believe blackrocks combined revenue for every type of security they offer is only around 15 billion or something like that.

So let's take that number and divide it by the (currently inflated) average home price for a Single Family Property, $300K. That's 50K houses a year because they're paying in cash for all of these transactions. BUT, that's not the real number. Not only are they overpaying, sometimes by as much as 500%, but they can't use their $15 billion in revenue for just real estate purchases. They have to pay employee salaries, benefits, dividends to investors, etc. Then of course they can't take monetary funds away from other investment funds to invest in real estate (they can't take money given by investors for an S&P 500 mutual fund and invest it in real estate for example).

In short, they're probably only able to buy MAYBE 10K houses in a year. Wanna know how many people currently rent in the US? Over a 100 Million spread throughout 43 Million+ housing units. So as you can see, if this is their grand plan, it'll take them a few centuries.

Beyond that, you can't crash an economy in the way you're describing. Worst case scenario, you end up with a zombie economy, Japan (the worlds third largest economy. Really the second largest since China lies and cooks the books to make their numbers look infinitely better than they really are.) is a good example of this. That's why their currency is made in increments of a 1K, 10K, 100K, etc. This is getting more technical and complicated than I want, so I'll just be blunt.

Absolute worst case scenario, hyper inflation pushes us into a semi-prosperous zombie economy where all of the precious metal buyers are proven right, and you may be one of a few 10K people who pays black rock and vanguard rent since they bought real estate for the real estate funds at above market prices to mitigate the crash that they saw coming.

So I'm highly doubtful this is their plan, since it would basically just turn us into a larger version of Japan.

3 years ago
1 score
Reason: Original

I feel like people really misunderstand this blackrock and vanguard crap. Before I start, I'm NOT defending them. They're both cabal companies without a doubt, but people REALLY hype them up to be something they're not. For example, the real estate thing. I believe blackrocks combined revenue for every type of security they offer is only around 15 billion or something like that.

So let's take that number and divide it by the (currently inflated) average home price for a Single Family Property, $300K. That's 50K houses a year because they're paying in cash for all of these transactions. BUT, that's not the real number. Not only are they overpaying, sometimes by as much as 500%, but they can't use their $15 billion in revenue for just real estate purchases. They have to pay employee salaries, benefits, dividends to investors, etc. Then of course they can't take monetary funds away from other investment funds to invest in real estate (they can't take money given by investors for an S&P 500 mutual fund and invest it in real estate for example).

In short, they're probably only able to buy MAYBE 10K houses in a year. Wanna know how many people currently rent in the US? Over a 100 Million spread throughout 43 Million+ housing units. So as you can see, if this is there grand plan, it'll take them a few centuries.

Beyond that, you can't crash an economy in the way you're describing. Worst case scenario, you end up with a zombie economy, Japan (the worlds third largest economy. Really the second largest since China lies and cooks the books to make their numbers look infinitely better than they really are.) is a good example of this. That's why their currency is made in increments of a 1K, 10K, 100K, etc. This is getting more technical and complicated than I want, so I'll just be blunt.

Absolute worst case scenario, hyper inflation pushes us into a semi-prosperous zombie economy where all of the precious metal buyers are proven right, and you may be one of a few 10K people who pays black rock and vanguard rent since they bought real estate for the real estate funds at above market prices to mitigate the crash that they saw coming.

So I'm highly doubtful this is their plan, since it would basically just turn us into a larger version of Japan.

3 years ago
1 score