BlackRock Loses 1.7 Trillion Of Investors Money Whoops!

By now, nearly everyone will recognize BlackRock Inc. holdings,
worlds largest asset manager. Well it looks like a shake up now!

Reporting in the last 24 hours that they have lost trillions
in the last 6 months.


The World’s Largest Asset Manager BlackRock Lost $2.46 Trillion In The First Half Of 2022

Unless you’ve been living under a rock, you’ll know that the last six months have been extremely tumultuous for the financial markets. The bull market of the pandemic is well and truly over. Inflation is rife and a recession is threatening, with the correction being felt by everyone from your local milkbar to the investment firm BlackRock, which has confirmed US$1.7 trillion (AU$2.46 trillion) lost in the first half of 2022. As the largest asset manager in the world, BlackRock Inc.

They were busy buying up single family homes in the last few years,
driving up prices...now this? But they are blaming an investment market
not seen in years....

www.ft.com...

But they are over here buying renewable natural gas producer Vanguard for 700M
www.wsj.com...

Massachusetts-based Vanguard Renewables works with dairy farmers and food companies to convert food waste and cow manure into an energy source

Peeps, are you still buying into the climate change bait and switch?
Its you that will be left holding nothing, except a bad electrical battery
for your used car. The elites will be busy with cow poop and organic farming.

But but but...its an emergency! A climate emergency!

Since money will be worthless they are buying the only things that will have value; physical assets like real estate.

originally posted by: v1rtu0s0
Since money will be worthless they are buying the only things that will have value; physical assets like real estate.

Exactly my thoughts... Company like BlackRock doesn't really make mistakes...

Its only ones and zeros on a computer screen

originally posted by: v1rtu0s0
Since money will be worthless they are buying the only things that will have value; physical assets like real estate.

But the politicians will take it away by extreme high property taxes and when the tenants can't pay, guess what happens.
Forget about Eminent Domain.

originally posted by: v1rtu0s0
Since money will be worthless they are buying the only things that will have value; physical assets like real estate.

Ha, I was going to say the same thing.

They will declare bankruptcy and keep all the physical assets. Win / Win

No debt, Billions in physical assets.

a reply to: burntheships

They’re doing just fine…

Just a tip but rentals are not a high growth market when the Fed is making strives for a buyers market rather than a seller’s market.

Sure not everyone will buy. But jacking the rent beyond a mortgage payment without any improvement to the rental tends to nuke the market.

originally posted by: v1rtu0s0
Since money will be worthless they are buying the only things that will have value; physical assets like real estate.

And more so... organic resources,
farming and cows.

But cow farts bad 😂😂😂

This link will explain more about the bait & switch, aka spoke & hub.

BlackRock Inc NVOLVEMENT WITH CLIMATE ACTION 100+, POTENTIAL ANTITRUST VIOLATIONS

a reply to: burntheships

Seems they still have some cards to play.

"Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash"
www.zerohedge.com...

originally posted by: EternalShadow
a reply to: burntheships

Seems they still have some cards to play.

"Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash"
www.zerohedge.com...

That would buy up almost a million average houses after a big crash, assuming a value loss of 50% of so. Assuming all houses that are in a mortgage are simply repossessed, how many houses are owned outright, and how many of those could they buy up?

a reply to: EternalShadow

Well isn’t that convenient!
I read that a significant percentage of the homes
they purchased are sitting empty.

Meanwhile in CA the green agenda is banning
natural gas in new construction. On the other hand
BlackRock is buying the production Co.

It’s quite the racket they have going ...

a reply to: burntheships

Monopolies are the worst. It stifles competition, narrows control of innovation and R&D, allows for any "breakthroughs" in research to be suppressed or drip fed to the world, allows conglomerates to streamline propaganda and general information to their liking, and the list goes on and on...

We'll see if their planned "lottery ticket" will withstand angry, desperate and starving masses of people. Unless they know something we don't and those losses and the investment capital don't really matter.

I love doom porn, but I hope I'm so wrong it's embarrassing. I mean that.

originally posted by: v1rtu0s0

originally posted by: EternalShadow
a reply to: burntheships

Seems they still have some cards to play.

"Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash"
www.zerohedge.com...

That would buy up almost a million average houses after a big crash, assuming a value loss of 50% of so. Assuming all houses that are in a mortgage are simply repossessed, how many houses are owned outright, and how many of those could they buy up?

Probably as many as they can gobble up. Banks don't want those repossessed properties sitting on their books; too much liability and potential maintenance.

I would imagine Blackrock buying mediocre properties that are ripe for redevelopment. I honestly don't see people, going forward, living in homes so much as they would be redirected into condos and townhomes.

Marriage is down, divorce is up, people aren't having kids and that 30 year mortgage isn't so appealing considering the instability of every market going right now. Not very inspiring and it's probably by design.

Probably due to their own selling pressure

You say 1.7 trillion like they don't own most of the European and American banks. A minimum of 500 trillion out of roughly 1500 in the entire world. They'll replace those finances before the end of the year.

originally posted by: burntheships

But but but...its an emergency! A climate emergency!

A most excellent thread my friend - maybe it would help if BlackRock stopped destroying all the rainforests.


Vid

originally posted by: v1rtu0s0

Since money will be worthless they are buying the only things that will have value; physical assets like real estate.

Thought Patrick made some excellent points below about the upcoming 'neo feudal' resource based economy - also not surprising the average Joe and Jane know absolutely nothing about it.

originally posted by: burntheships
Reporting in the last 24 hours that they have lost trillions
in the last 6 months.

They haven't 'lost' anything, the value of the assets on paper have decreased, it's only a loss unless they sell which I would wager they won't. Other EFT's are down around the same percentage, people selling at the trough are stupid and Blackrock isn't stupid when it comes to money.

originally posted by: TzarChasm
They'll replace those finances before the end of the year.

Where are you getting your information?

originally posted by: burntheships

The World’s Largest Asset Manager BlackRock Lost $2.46 Trillion In The First Half Of 2022

Where did the 2.46 trillion go? Housing prices are still up, the market has not tanked yet...

Unless they invested heavily in China's real estate market that has tanked at a massive level of trillions I don't see it. Even construction is up a good deal.