11/06/2022
Who controls the global economy?
Many people think that the global economy is controlled by governments of the largest ecoonomies in the world,but this is a common misconception.Although governments do hold power over countries’ economies, it is the big banks and large corporations that control and essentially fund these governments. This means that the global economy is dominated by large financial institutions. According to world economic news, US banks participate in many traditional government businesess like power production,oil refining and distribution,and also the operating of public assets such as airports and train stations.This was proven when certain members of the US Congress sent a letter to the Federal Reserve Chairman Ben Bernanke. Here’s an excerpt from the letter:
“Here are a few examples. Morgan Stanley imported 4 million barrels of oil and petroleum products into the United States in June, 2012. Goldman Sachs stores aluminium in vast warehouses in Detroit as well as serving as a commodities derivatives dealer. This “bank” is also expanding into the ownership and operation of airports, toll roads, and ports. JP Morgan markets electricity in California.
In other words, Goldman Sachs, JP Morgan and Morgan Stanley are no longer just banks – they have effectively become oil companies, port and airport operators, commodities dealers, and electric utilities as well.”