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Blackrock lost $1.7 TRILLION in the first 3 quarters of 2022. It's going bust

submitted by Cantaloupe to whatever 2 yearsMay 2, 2023 14:50:04 ago (+18/-2)     (whatever)



39 comments block


[ - ] FreeinTX 17 points 2 yearsMay 2, 2023 14:52:12 ago (+17/-0)

When you print your own money, debt becomes irrelevant. They are buying up land because they know it's all going to collapse and it's better to be holding assets than cash.

[ - ] Belfuro 2 points 2 yearsMay 2, 2023 20:00:52 ago (+2/-0)

This.
Any book losses will surely either be.

A. The value of the owned goy slaves going down

B. Money being moved elsewhere. Most likely as they seek to hide assets since bac is well known about

[ - ] ParnellsUprising 1 point 2 yearsMay 2, 2023 20:40:23 ago (+1/-0)*

Not when the "land" assets that they bought have a very large contingent of commercial real estate, bought on short term ARM's.

You already have Jew Yellen yelling and Pocohantas complaing about how they are TBTF, which should tell you all you need to know.

Read from the link on:
https://archive.is/n2EQ7#selection-2215.1-2219.202

Now, on to the Commercial real eastate:
https://www.cnbc.com/2017/06/22/blackstone-or-blackrock-schwarzman-and-fink-did-it-on-purpose.html
https://archive.is/JD8nG



https://archive.is/b2GRI

Watch it burn, but fuck all the individual little guys that have their shit under the "Black" 401K, and other retirement systems.

Don't worry though, you will be fucked, but the Shwarz and Finks and bergs and steins will be just fine.

[ - ] FreeinTX 2 points 2 yearsMay 2, 2023 21:36:51 ago (+2/-0)

I'm not sure what your point is. I said they are using worthless paper to buy real assets. They don't care about losses. They get bailed out when they "fuck up". We will pay their debts and they will keep their land.

[ - ] ParnellsUprising 1 point 2 yearsMay 2, 2023 21:53:23 ago (+1/-0)

My point is, understand where the bodies are buried, and it won't be you that is six feet under on their mortgage, loan, etc..

Hit the fuckers when they are the weakest. However, you need to pay attention in order to do so.

[ - ] Lordbananafist 8 points 2 yearsMay 2, 2023 14:56:09 ago (+9/-1)

that's funny because I found 1.7 trillion dollars in my car seat just yesterday.

[ - ] HeavyBrain 2 points 2 yearsMay 2, 2023 16:53:33 ago (+2/-0)

What did you buy, bread? a half dozen eggs or 3oz of gas?

[ - ] oyy_veyy_goyy 0 points 2 yearsMay 2, 2023 17:49:25 ago (+0/-0)

Can I have some?

[ - ] lord_nougat 7 points 2 yearsMay 2, 2023 14:58:30 ago (+7/-0)

Money printer go brrr

[ - ] Trope 1 point 2 yearsMay 2, 2023 23:33:22 ago (+1/-0)

Nah, printing is for the treasury. The Fed is only tasked with “creating” the money. :|

[ - ] totes_magotes 2 points 2 yearsMay 2, 2023 18:24:32 ago (+2/-0)

Extraordinary claims require extraordinary evidence.

But you don't have any because you're a fucking retard moron who constantly posts lying shit like this and you can never back it up.

[ - ] deleted -2 points 2 yearsMay 3, 2023 02:06:02 ago (+0/-2)

deleted

[ - ] totes_magotes 0 points 2 yearsMay 3, 2023 07:50:15 ago (+0/-0)

Fuck off then you stupid jewish piece of shit. You come on here and spread lies and then say "Oh, I'm too busy" while making 50 fucking thousand posts.

You need a good fucking killing.

[ - ] pickingrinninspittin 2 points 2 yearsMay 2, 2023 17:24:17 ago (+2/-0)

Correction: Blackrock didn't lose $1,7 trillion. All of the people holding shares in Blackrock lost 1.7 trillion. Blackrock simply handles money and makes trades, and gets paid very well regardless.

Blackrock, iShares, etc. have been beating the ESG -- which is EDI at the government level -- drum for years now. When I found this out I started pulling any investments that I have in them. Fuck those NWO bastards. Fuck them all to hell.

[ - ] SteppingRazor 2 points 2 yearsMay 2, 2023 17:19:49 ago (+2/-0)

Now to focus on the residential market. Work with homeless activists and map out all Blackrock homes. Place squatters in them.
Sit back and watch.

[ - ] shitface9000 2 points 2 yearsMay 2, 2023 17:09:57 ago (+2/-0)

nice link you got there pal

[ - ] HeavyBrain 2 points 2 yearsMay 2, 2023 16:52:47 ago (+2/-0)

Just going to print 1.7 more and take another 1.7 from your for keks.

[ - ] bobdole9 2 points 2 yearsMay 2, 2023 16:09:34 ago (+2/-0)*

Is that why all the talk of woke or green investments disappeared?

[ - ] dulcima 1 point 2 yearsMay 2, 2023 16:22:23 ago (+1/-0)

They're still talking about that crap in Australia.

[ - ] beece 1 point 2 yearsMay 2, 2023 17:19:08 ago (+1/-0)*

Calling bullshit on your claim op, lets see the link. Ebita is 7,059,000,000. Free cash flow is $4 billion. https://finance.yahoo.com/quote/BLK/financials?p=BLK.

Fucking thing is a monster profit maker.

[ - ] deleted -1 points 2 yearsMay 2, 2023 17:32:34 ago (+1/-2)

deleted

[ - ] Scyber 1 point 2 yearsMay 2, 2023 16:52:07 ago (+1/-0)

Amazon also lost $1 trillion last year - I believe it was the first retailer in history to lose that much money.

[ - ] Crackinjokes 2 points 2 yearsMay 2, 2023 17:15:41 ago (+2/-0)

Okay I was just checking on this they lost one trillion dollars in capitalized value going from 1.9 trillion to 900 million in total market cap value. They did not actually lose one trillion dollars in operating costs in a year.

[ - ] Scyber 0 points 2 yearsMay 2, 2023 20:43:49 ago (+0/-0)

It's 900 Billion.

[ - ] Crackinjokes 0 points 2 yearsMay 2, 2023 17:13:07 ago (+0/-0)

Boy this sure didn't make much news.

[ - ] Empire_of_the_Mind 1 point 2 yearsMay 2, 2023 15:47:33 ago (+1/-0)

This is a major thing to watch. Tards on the internet are still whining about the global reset, not realizing that it is already a failed project. What's going on is Globohomo, primarily a financial empire, is collapsing. Blackrock is exactly the type of firm that can bring the house of cards down. If you understand this is inevitable it becomes easier to understand what your politicians, etc are doing. They all know this and are maneuvering for position in the aftermath, hoping to increase their power. The "great reset" is one of those schemes, but by no means is it the only one. You can thank the Eurasians for dealing the knock-out blow.

[ - ] Crackinjokes 1 point 2 yearsMay 2, 2023 17:12:44 ago (+1/-0)

I'm confused. If Black Rock goes bankrupt but that would really mean is their investments have lost so much value but Black Rock itself as an investment advisor would not go bankrupt unless it had very high operating costs. We're just talking about a portfolio that becomes worth a lot less than it used to be. No we don't know what their portfolio holds unless of course it holds a lot of residential housing which was rumored to be purchased by them and if the housing market has gone down then that could actually cause their portfolio to literally go bust if they held a lot of loans through third parties on the homes they bought at too high of value.

However if Black Rock consisted of a lot of other holdings like general stocks etc then what it would really mean is that the stock market itself is gone way down.

Now if they were playing with leverage financial instruments then again that could actually build their take their portfolio down to zero even when it's offset by regular general stocks etc.


So does anybody really know what the Black Rock investment mix is and which of these things is happening or if there's something else happening?

[ - ] Not_C 2 points 2 yearsMay 2, 2023 17:44:36 ago (+2/-0)

Blackrock isn't going bankrupt. There are articles stating that they will be worth 50% more in 5 years, hitting $15 trillion.
Here's one from less than a month ago - https://www.livemint.com/companies/news/blackrocks-assets-seen-topping-15-trillion-in-five-years-time-11681744582524.html

OP is a faggot, referring to articles from a year ago that claimed Backrock lost $1.7 trillion.
When in reality, if you read the articles and not just the headlines, they say that Backrock spent $1.7 trillion acquiring assets in the first half of 2022.
They didn't "lose" $1.7 trillion of investor's money. They spent $1.7 trillion of investor's money.

[ - ] Empire_of_the_Mind 0 points 2 yearsMay 2, 2023 18:56:03 ago (+1/-1)

oh, well if LiveMint says it lmfao you absolute retard.

to address yoru specific comment - Blackrock surely did not spend $1.7 trillion, as they don't have that kind of cash. They probably took on debt in that amount, which increases their total liabilities. That's bad news, not good.

[ - ] Not_C 1 point 2 yearsMay 2, 2023 23:41:44 ago (+1/-0)

oh, well if LiveMint says it lmfao you absolute retard.

lmfao? Fuck off with your lgpedo language. Stop acting like a tranny pedo.

For everyone else - MorganStanley released a report last month predicting Blackrock's assets will surpass 15 trillion in 5 years.
I linked the LiveMint article because it was the first I saw.

Here's Bloomberg talking about the same report -
https://www.bloomberg.com/news/articles/2023-04-17/blackrock-assets-to-top-15-trillion-in-five-years-analyst-says#xj4y7vzkg

as they don't have that kind of cash. They probably took on debt in that amount, which increases their total liabilities. That's bad news, not good.

And to the tranny pedo who says things like "lmfao" - They used investor's money and borrowed against their assets, and then SPENT that money, which increased their assets.
That's how their assets will surpass 15 trillion in 5 years.
That's good news for them, not bad.

Dumbass.

[ - ] Empire_of_the_Mind 0 points 2 yearsMay 2, 2023 23:44:37 ago (+0/-0)

borrowed against their assets

like I said, they took on debt.

[ - ] Not_C 0 points 2 yearsMay 3, 2023 00:24:39 ago (+0/-0)

SPENT that money, which increased their assets.

Like I said, spent money.

[ - ] deleted 1 point 2 yearsMay 2, 2023 17:37:08 ago (+1/-0)

deleted

[ - ] Empire_of_the_Mind 1 point 2 yearsMay 2, 2023 18:54:46 ago (+1/-0)

the business model of everything in corporate globohomo is to finance things and borrow money to cover the payments. now that the cost to borrow money has increased, this is becoming untenable. to address that, you typically sell off assets to allow you to pay down as many of your debts as in needed to get your cash flow under control. if you fucked up and overextended yourself, and/or find that you can't roll over debts as expected, you can end up in a situation where you are defaulting on your payments, triggering assorted other conditions you are under which create a downward spiral. you don't actually go out of business, but everyone knows that you are essentially broke. typically this gets you sold off to a larger firm along with a bail-out that makes up the difference. the problem is that Blackrock IS the larger firm. The cost of absorbing and bailing them out would potentally threaten the government itself, particularly because their failure creates a cascading effect of failures below them, increasing the size of the problem the lender of last resort is dealing with.

in short, we are used to seeing branches of the tree fail. when the trunk starts failing, you have a systemic problem. Blackrock is a segment of the trunk.

[ - ] Not_C 1 point 2 yearsMay 3, 2023 00:22:37 ago (+1/-0)

You have no idea how things work.

If interest rates are lower than inflation, then borrowing money and purchasing things will make them a fortune.

Get a $100 loan at 5%.
Buy a thingamajig.
Inflation is a 10% and pushes the value of your thingamajig to $110.
Sell thingamajig. Pay off loan. Keep profits.
You just made money.

They won't default on their payments because they're getting richer in 2 separate ways -
The value of their assets keep climbing.
While the value of money needed to pay back the loan keeps dropping.

[ - ] Empire_of_the_Mind 1 point 2 yearsMay 3, 2023 03:51:52 ago (+1/-0)

if

congrats, you are a succesful CFO for the past twenty years! The bad news is you are now on your ass. That business model is dead, do try and keep up.

the value of their assets keep climbing

sure hope Blackrock doesn't have any CRE positions...

[ - ] Not_C 1 point 2 yearsMay 3, 2023 15:00:25 ago (+1/-0)

If?
Where did I write "if"?
Oh yeah. - "If interest rates are lower than inflation,"

Interest rates are lower than inflation.
Making Blackrock's assets increase in value, while the value of the money needed to pay back the loans keeps dropping.

The system has changed, it has. Now their strategy for making money has increased exponentially.
That must be why Balckrock is predicted to be worth 50% more in 5 years.

When these big conglomerates seize control of your assets and your country, you can say that the reason you let it happen was because you were too stupid to understand simple addition and subtraction. And that you were too busy typing "lmfao" into your computer every time someone pointed out what was happening.

[ - ] Empire_of_the_Mind 0 points 2 yearsMay 3, 2023 17:57:02 ago (+0/-0)

I understand everything you are impressed with knowing. I also understand that what you are saying is out of date. You do not know what is going on now, how things have changd in the past 18 months. Get a helmet, you'll need it.

[ - ] Not_C 1 point 2 yearsMay 3, 2023 21:39:27 ago (+1/-0)

You do not know what is going on now, how things have changd in the past 18 months.

In the last 18 months (specifically, less than 1 month ago) there was a report that predicted Blackrock's assets will increase by 50% into $15 trillion in 5 years.
But you refuse to acknowledge that because you live in a little fantasy world. All while your assets, your savings, and your country are being stolen from you. All because ignoring reality is easier than accepting it.

Also, in the last 18 months, inflation has increased into double digits while the key lending rate is less than 5%.

You are on the cusp of losing everything. But you create this fantasy of - "Oh no, I'll be fine. It's the big conglomerates like Blackrock that are going to lose everything."

When the crash hits, Blackrock won't lose anything. They will be in a position to grab the last little bit of your country and everything you have.

Wake up, and start living in the real world.

[ - ] usedoilanalysis 0 points 2 yearsMay 2, 2023 17:18:51 ago (+0/-0)

The alarming thing is that they're willing to take that hit, as if it's just the cost of doing business.

[ - ] iThinkiShitYourself 0 points 2 yearsMay 3, 2023 04:28:51 ago (+0/-0)

Where the fuck did they get 1.7T to lose...?

[ - ] SecretHitler 0 points 2 yearsMay 2, 2023 19:05:34 ago (+0/-0)

Fake