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BlackRock inc. is the largest bank in the world. How big, you ask? Well, it manages an estimated total of $9 trillion. This corporation controls more money than many nations. The staggering amount of funds under its control has led many to suggest that BlackRock owns the world. The scary truth is, they kind of do. The decisions BlackRock makes with its assets have ramifications worldwide. The effects of those decisions could be and have been some of the most wildly felt financial events in recent history. So, why haven't you heard of them? That, too, seems to be by design. Some claim that BlackRock is the world's largest shadow bank. Regardless, the history of BlackRock and its position in the global economy is shocking.
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By Jaron Myers and Tim Stone4.7
691691 ratings
BlackRock inc. is the largest bank in the world. How big, you ask? Well, it manages an estimated total of $9 trillion. This corporation controls more money than many nations. The staggering amount of funds under its control has led many to suggest that BlackRock owns the world. The scary truth is, they kind of do. The decisions BlackRock makes with its assets have ramifications worldwide. The effects of those decisions could be and have been some of the most wildly felt financial events in recent history. So, why haven't you heard of them? That, too, seems to be by design. Some claim that BlackRock is the world's largest shadow bank. Regardless, the history of BlackRock and its position in the global economy is shocking.
Learn more about your ad choices. Visit megaphone.fm/adchoices

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