Topic: World financial Crisis start with blackrock soon (Read 565 times)

Yeah in as much as black rock has so much influence in the world finance there ought to be a change but I think it's in the start you know, the financial crisis and it's thus affecting a whole lot of things in the economy and as well other parts, looking at the high inflation rate and other financial collapse but then I think keeping emergency cash fund is vital but investment this period will be a huge impact.

The only way people can trust money in your hands is when you have held money for very long time and there has not been many funny stories about your business, people don't trust you because they think you are the best, anyone can do that you know and still fail if they take the wrong action. For instance, Binance has been in crypto business for long and they are trusted not because they have many cash, but because they have not lost customers money before like some other exchanges.

If there is bad side in the crypto market, they have the funds to quickly adjust so they don't have to be liquidated, no company will just be buying Bitcoin because they have the cash, it's a measure they have taken which they know it's going to be favorable for them. Look at Microstrategy, they keep selling MSTR to buy Bitcoin, the assets is dumping and they still buy more Bitcoin, if eventually MSTR dump than where it was, they have what to minimize the risk.

I think blackrock company future is bright because that company is multi national company and most famous politicians saved their money in the bank accounts. They feel that their money in safe in this company and in the future that company will grow more and they will have more clients in the future.  But I think crises could be for any type of item but we should learn from the that because history repeats itself.Every company has its strong points and weak points but every company should improve their weaknesses because any loophole could be dangerous for that country because we heard many news about the company's and their bankruptcy.

The war in Ukraine was definitely unleashed by Russia, while the US, on the contrary, warned Ukraine and the whole world about the Kremlin's aggressive plans. But Putin, like Hitler before him, failed to launch another military blitzkrieg with Ukraine, and so the war has been going on for almost three years. Russia wanted to get a tasty morsel in the form of Ukraine with its developed industry, rich natural resources and educated, hard-working people. But it turned out that the Ukrainians also know how to fight, and fight competently and savvy, which the Kremlin has already seen more than once, taking painful blows where it did not expect.

Yes, with the hands of the Ukrainians, the US is weakening its probable enemy, but this is exclusively the merit of the Kremlin, which stupidly attacked Ukraine and expected to conquer it in a few days. The war can be stopped any day if Russia withdraws its troops from Ukraine. But it does not want to do this and this is its choice.

Returning to the topic, I should say that I see no reason why BlackRock, with capital of over 11 trillion dollars, could suffer a financial collapse. These are all unsubstantiated fantasies.

Yeah, most times these financial cruises are memo's by some big players to displaced or dismantle upcoming threats to their superiority. Their quest for being at the top makes them take harsh decisions to maintain position. Most times they're never human enough to consider the lowly people it would affect when such crises ensures which brings about lots of hardship when such occurs.

But like you suggested, we should be prepared for anything and project ourselves at all costs so as tho provide recovery or survivor strategies and backup plan when such presents itself

Unfortunately the 2008 crisis confirmed what we have known for some time, that there are companies that politicians consider too big too fail, and instead of letting them fail, suffer the consequences of their mistakes and use all of that money to limit the impact of such a crash on the people that have nothing to do with it, they decided to use that money to save those companies, however with how high the debt for most countries has become, I doubt this is a move they can pull successfully anymore, so it is not clear what may happen if blackrock were to fail.

It seems we are getting off topic when it comes to politics and war in this topic. But I want to ask you, which country benefits the most from the two wars going on? On the one hand, they are selling a huge amount of weapons and making huge profits. On the other hand, they stopped their arch-rival (Russia) with just one pawn and barely lost a soldier. It can be said that the people who benefit the most from war are those who cause it and do not want it to end.

From what you say, it can be seen that you are supporting what Israel has been doing in the Middle East, even the United Nations and many countries have spoken out against their recent actions. But it is strange that there are still some people who support the terrorist acts and crimes committed by Israel.

It's laughable to say the US want war, you guys are only alleging on the assumption. If the US want war, why do they always stand with restraint, peace and self-defence? Is the US the global terrorist and the nations aiding them like Iran? Did the US tell Russia to invade Ukraine? Were they the Hamas and Hezbollah threatening the peace of Israel? Or Iran that recently fired 180 missiles into another country's soil?

For an attack, there must be defence, that is what the US is doing, so thank them for the stability the world is still enjoying today. They only fight or support a fight when it is necessary and go and read it, many countries are being banned from acquiring US weapons due to war crimes and abuses, if it's for money, why that? It's even the private firms responsible for these weapons and not the US government directly, so your allegation is baseless.

blackrock do own the underlying assets of many financial industries, but here is the deal. by collateralising it and turning them into shares, they can then sell those shares to the general public(IPO) whereby blackrock de-risks itself and pushes the risk onto the general public by having the public buy those shares.

its then the public whom then lose when some industry fails. yep blackrock took their win at the initial share release(IPO sales), and are then just sitting pretty as a platform getting trade fee's from every public sell, even when the public sell at a loss. yep when the public are making losses (public selling to public) on the shares blackrock take a fee but are not the share holders and so always gain. and the smarter part is. they can buy back the shares(at the public loss) at a huge discount, to then destroy allotments of shares to then create a lesser supply of shares to then create a demand for limited shares, causing the share price to increase

Blackrock doesn't look like they are going to crash anytime soon, the only problem with it is that they have way too much money that they are capable of investing right now and I believe we need to just focus on what type of investment they could make, at some point they will have way too much money in their hands.

When you have trillions of dollars, you can't just buy stocks or even bitcoin, you need to look globally, and you need to invest into everything, you can't have small piece in everything, you get a huge chunk of everything. This means when one thing crashes, you are going to get hurt. Blackrock is too big to fail, and that part is true, they have enough cash to survive as well, so anything like 2008 or 2022 will not matter to it, we are going to see it grow and keep growing because they will handle it well enough with what they have.

One could talk about BlackRock as a trigger for a new global economic crisis if they were putting investors' money, for example, into the Chinese real estate market, which is now dragging the Chinese economy down...But the good thing is that China is quite isolated, and this problem will be exacerbated only within the Chinese economy. And BlackRock is a company with a huge, well diversified portfolio. So the rumor about BlackRock and the world crisis is greatly exaggerated

Mainstream media isn't some kind of monolith that is "proven liars". It's a fabric of many sources, reporters, articles, and areas.

It's like saying "don't believe anything you read, especially if it's written in books, because they are written by proven liars ". That makes as much sense.

Critical thinking doesn't mean that you would need to fact check everything in your life all the time. It also means that you use critical thinking when picking your news sources. If you pick news sources that doesn't mainly publish rumors and nonsense, it doesn't matter if it's "mainstream" or not. In fact in many cases, popular media needs to hold higher standards and they are constantly accountable to more people watching them, so they are often fixing errors their articles if they are wrong. Then there are people who don't care, like alex jones, because their customers are conspiracy theorists. They don't need proof of any kind, more biblical level nonsense they say, more views they get.

And about that "believing in something": In most cases you actually need to believe consensus of authorities in fields you aren't expert of, because these authorities have studied the subject all their lives, that you have not.

Also i never said anything about scientific proof, but scientific consensus. Because in your picture, there are list of arguments that didn't pan out to be true, but you don't disclose who made those arguments, so i would just have to assume that those arguments were headlines caused by scientific consensus at the time, based on data that was available. And since that data often won't predict new technology that makes use of oil more efficient, for example; those predictions change if actions for the change are taken.

Not sure that that "Awake yet?" in the picture is trying to imply, but it sounds like someone would think that these were lies with some purpose, like conspiracy, and that's just lazy.

looking at the current world conditions, anything can happen and all companies can go bankrupt, especially recently there has been tension between North Korea and South Korea, as we know, both countries are pro-cryptocurrency countries.

I thought I understood what you wanted to say, but now I see I was wrong... Now I think you don't understand yourself


Can you explain your point nicely and briefly... I don't understand why you even included science in my post, what kind of scientific proof are you looking for that could explain what I wrote and the picture I posted? I think you got carried away and are looking for something that doesn't exist while adding some things that I didn't even write...

Do you understand the difference between critical thinking and not believing something?


Read my post again, it says nicely "don't believe everything you read", the addition "especially the mainstream media" is because they are proven liars, news spinners, and much more.

No it isn't, you are missing my point.

The irony of saying "We shouldn't believe everything we read" as an answer to your post where there are claims without sources of who said so. Were they on some yellow papers, or were they straw men, created by conservatives who misinterpreted some articles?

Also, do you understand the difference between critical thinking and not believing something "especially if it comes from mainstream media or politicians"? 

Because by parroting the meme where "you shouldn't believe in mainstream media ", you are pushing propaganda from countries that have only government controlled media. It's a tool for creating chaos, by creating an atmosphere where people can't trust anything, and by doing do, making you more susceptible for their own propaganda.

Trying to put every politicial and every newssite as pile of liars, they are justifying their own lying, that others aren't any better. And now they have for a while tried to include experts and scientists to that liar pile, so they can sell you any bonkers idea, because you don't trust science anymore.

Its also true that people underestimate just how useful and resourceful a nation can be in general.  The next ice age happening was thought possible I can confirm that theory in action though now forgotten.  Also commodities were predicted to run out before 2000,  due to excess population was the idea but they forgot growth of production also.  Innovations, refinement and improvement in efficiency also they just happened to find alot more oil for example.
  Venezuela has the largest oil reserves in the world, larger then Saudi Arabia or any other middle east country but it just aint easy to get all oil and the base product isnt as nice as they have in the middle east with sweet oil here its sour with excessive sulfur.   Add in diabolical governance and you have some starving in what could be an incredibly rich country.

  Nothing is ever simple, just theories on a paper requires alot more detail to qualify it and sometimes it turns out not to be correct.  Of course we must consider all possibilities but we dont know the conclusion beforehand.

Economic crises can be happen in future because super power of that World want War and they are going towards War and it will damage the earth if War happened . When Iran took action against Israel and they left missile on Israel then market dumped and we saw that the the price of things went low. We will see the situation of countries on which War will impact.USA want to supply their weapons and they also want War because Russia attached on Ukraine,USA decided not to start that battle but they took decision to supply weapons to Ukrain.

I quiet understand you and you are very correct. But my reply was even based on crypto inclination of the company alone which I believe orchestrated the view of the OP that it will collapse the world's economy. That was to douse his tension though as no single company can be so devastating to the world's economy. Even as the world's largest asset manager, the issurance will be there and so will be strick regulation and supervisions. If at all it goes insolvent today, that doesn't mean the whole managed assets are gone, the majority might still be accounted for, which is how it will not shake the world economy as severely as thought.

I wasn't alive in the sixties or seventies, and I can only talk about 2 of those, one ozone layer and the other ice caps. First of all, ozone layer was fixed thanks to accords such as Paris one, we had so many products destroying ozone layer, and if we didn't do anything then it would have been gone, and we did put in laws regarding how to save it and it got fixed thanks to this.

Secondly, ice caps issue, the climate change denying is a great political stance for some right wingers that much is true, but the reality is we are nearing the irreversible level already, and it is not something that will destroy you in a day, but all those fires near the Mediterranean levels? All those fires in Spain, Italy, Greece, Türkiye, every single summer? All those floods, all these excessive natural disasters? All of them due to climate change, and it is going to only get worse. Won't kill you in a day if that's what they are expecting, but will gradually destroy human life with time.

As far as I know, Blackrock is managing over $11 trillion and they are the largest asset management firm in the world, while the entire world economy is estimated to be worth around $120 trillion. It can be seen that Blackrock is very big, if it collapses it will cause extreme panic but saying that its collapse will cause the world economy to collapse is not to that extent. But my question to the OP is what is his basis for predicting Blackrock will collapse when there is no sign of them having problems, they are still very prosperous.

No offense but OP often makes baseless and somewhat paranoid predictions, I don't find any of his predictions credible.

It seems that you can invest BlackRock only from $ 100 million. So this fund is not for the middle strata of society. In general, where did the middle stratum of society come from, if it did not exist at all before the 20th century? Very simply, the reason for its creation was the existence of the USSR and the fear of socialism. After the victory over the USSR, the middle stratum of society was no longer needed. Therefore, the rich, whose characteristic representative of interests are BlackRock, will stage a crisis precisely with the aim of dismantling the middle layer. According to their plan, society should return to its former structure: the super-rich and the poor. And a very small group of staff (scientists, doctors, etc.). It is very unprofitable to support the middle class - they consume a lot. They cause a lot of environmental pollution. Hence the theory of global warming and others like it. In a nutshell: the rich want and will decide who will live and who will not.

Blackrock? This company is too small to cause the world's financial collapse, mightier companies have gone insolvent in the past and the world survived them.

In simple language, I guess you meant people will suffer Bitcoin loss if Blackrock collapses. This may not necessarily happen because it wasn't the company that was established anyhow, it followed due process and by virtue, insurance that will cover people's financial security must have been in place.

According to an article I read, there are people who believe that BlackRock runs the world secretly away from the eyes of the media and the press because it owns shares in almost everything, for example, it is the largest shareholder in Facebook, Apple, Microsoft, as well as Amazon and many banks such as Deutsche Bank... and recently the Bitcoin ETF.

I am not sure where you got this information from, but in any case, I do not expect BlackRock to become insolvent anytime soon, and even if it does happen, I do not think that the collapse of one company, no matter how large, will cause the global financial collapse as you say. In the 2008 crisis, there was the collapse of a large number of companies, not just one company.

A plethora of diverse speculations about devastating global financial crisis happening but decades after decades we seem not to witness all of those particularly in the measure and manner spoken of. This time is Blackrock. Well,  I don't see a company as Blackrock or any similar having the financial strength enough to cause global financial collapse. Peradventure any collapse of such happened perhaps in the future even Blackrock will be heavily affected, don't you think so?

Do you think BlackRock is reckless to destroy all the businesses they have built? With so many products and affiliates that have collaborated, it is quite unreasonable for BlackRock to start a crisis to hit itself. Moreover BlackRock is not headed by one authoritarian person, they consist of various onion companies where every decision will be approved as a whole. Financial crisis, inflation and everything that makes the economic sector must start from various branches.

Blackrock went chapter 11 in 2022 I think, no economy failed due to it.

Blackrock is owned by several other companies:

I don't understand how a private company worth only $159.87 billion can cause a global financial collapse, because even if they collapse now it does affect the market, but it won't cause a crisis, and things will return to normal. And again they are just asset management companies, when they collapse the assets under their control will be transferred to other companies or someone will save the company, but that is just the worst case scenario and will not happen, because I think Blackrock will still stand since their management is very good and has taken root all over the world.

So where does this information come from? People like to make a crisis out of their asses even though they have no knowledge of it.
Because these kinds of statements and correspondences attract attention.
It is also passed from person to person. I am not interested in whether Blockrock will cause a crisis or not, but I am interested in how strong their capital is and their bitcoin investments.

Scientific consensus? This picture shows exactly what you are talking about, we should not believe everything we hear and read... especially if it comes from mainstream media, politicians, corporations, and all others on top. And I don't like those labels, conservatives, liberals, socialists, progressives... something either makes sense and can be good for people, or it just doesn't work and does more harm than good. Regardless of whether it is something old or new.

You should write text on the paper and take a picture... in that case, you will be the source and when I read what you wrote I will think about it and see if it makes sense or not and if I will believe you or not.

OP's text was nonsense, but your source is a picture of a paper in a wall that has hand written text in it. Cool.

Scientific consensus adapts when there's new data, so it changes accordingly. But headlines from newspapers doesn't represent scientific consensus. They are hyperbolic because that sells papers.

And seriously, should i just write text in the paper and take a picture from it, and claim that's what conservatives all have said? I am certain i would find several claims from the conservatives on how women being able to vote destroys the world and how cannabis will always cause psychosis. And if i can't i can just write that in a paper, because who needs sources.

Each time I hear Crisis this and that I'm not moved you know why? Because all of all this take just few percentage for possibility and it's just a way to mount pressure on the masses. But talking about financial crisis starting with  Blackrock what evidence do you have to show or prove that fact cause it's not by just merely coming up with little information about something and keep people in dismay of what's after so a vivid explanation should be made as regarding this.

I have never gone through this kind of financial crisis my country is currently facing. Inflation is eating deep into salaries and the government has no intention of increasing wages because they are also struggling. It is even difficult these days to save money to invest in a profitable venture. We are already in a financial crisis and I expect that the economy will start recovering.

Many people in my country have started using private cars for public transportation. Others have used empty spaces in their homes for agriculture where they grow food and rear farm animals. Some had to relocate from urban to rural areas to cost house rent. It is important now to cut costs and have emergency funds because the future looks bleak.   


The OP is good at starting threads about economic crises without giving any concrete information about his predictions.  He usually abandons the thread with no further response or clarification.

Currency volatility should be considered as a form of anticipation before a financial crisis. And there is some truth in the fact that investors should plan early so as not to be stressed like the very severe financial crisis that has ever happened.
I think it is not an exaggeration if someone says that Bitcoin as a currency is also an alternative solution to the financial crisis if I study the history of how and for what Bitcoin was created by a person whose identity was never known. For me, Bitcoin can also be said to be an extraordinary innovation that has proven to be the best hedge.

A big sell-off by a big company like blackrock could cause the price to crash and we will know it before we see the market back to normal. I think most Bitcoin investors are very prepared. Also don't forget that Bitcoin is not tied to any currency.
Blackrock and other big companies like Microstrategy will continue to accumulate Bitcoin as much as they can because their goal is similar to every Bitcoin investor's goal which is to make a big profit from returns.

Global economic crisis does not equal a global financial collapse. Economic crises happen regularly, but the world can recover pretty fast and quite successfully from them. Right now, I think the US is doing fairly okay, and so are big investment market players like BlackRock. So there's no reason to panic and assume that a crisis, let alone a collapse, is imminent.
Bitcoin is doing well, with almost 10% gain over the last week. S&P 500 is experiencing mild growth, so also doing alright. And I see no bad recent news about BlackRock either.

But the sad thing is that the world economy depends on them, if the US economy has problems then the whole world economy will have problems too. Whether we like it or not, we cannot deny that the role and influence of the United States in the world is still very large. If they collapse, the world economy will also collapse.


Maybe I missed something? As I haven't heard any negative news about Blackrock, things are going very well for them so far.



Every country has its own economy and the health of a country's economy will depend entirely on how that government is run. But things would be very different if the country that fell into financial crisis was the United States, then the rest of the world would also fall into financial crisis.

Interesting facts about BlackRock and its potential financial ruin. Although a hypothetical financial crisis of a very wealthy person can have real negative effects on the world. I think it's important to consider how much each of us can plan for and avoid financial uncertainty.

You explain to me that people lose because they do not analyze what they go through. That is very true to some extent. Financial knowledge is of high importance. Many people will trust big institutions without knowing the risks involved. It, thus, emphasizes a much larger issue of broad financial literacy. So that people may make informed decisions in terms of investment. retirement plan and even daily expenses. But on the other hand People quite often do not have access to the same level of information or resources that these financial institutions are able to access. Hence, it is much more challenging to be prepared for a major attack.


While it is true that large companies like BlackRock appear to be 'too big to fail', history has shown us that Even large organizations can collapse under the right (or wrong) circumstances. Just look at the 2008 financial crisis, and a number of organizations were seen as 'Too big to fail' but still needs huge government support

Complicity? Surely there is always speculation in the large financial institutions, but if I have to hang this one on hearsay, whistleblower gossip, or rumors, then it would be too inconsequential to present. I would instead bring attention to real warning flags such as liquidity trouble, changes in the financial markets, and anything that may predict something bad in the near future.


Even though BlackRock looks 'too big to fail', as we can witness again, it doesn't mean that size gives stability. The 2008 crisis clearly demonstrates how any company which looks almost invincible actually needs immense support to continue further.

Of course, relying on conspiracy theories or unverified rumors does not help much, but let us note some real warning signs such as financial problems. market movement or dramatic change in leadership or policy that may signal a serious problem. And I think the interesting thing is to consider the uncertainty of the currency. How can ordinary investors protect themselves best? We need to diversify the risks of the asset into stable assets, or we explore new technologies, such as that related to digital currency. So that we are prepared against potential attacks launched by traditional financial institutions, like BlackRock?

Wait a minute, this world is not only inhabited by America, but this world has many countries in every continent. Of course the cause of the financial crisis is caused by many indicators and every country has begun to feel the signs of the quantity crisis.
The financial crisis experienced by each country slowly has occurred even though not all countries have similarities in the sectors that the financial crisis began to be felt.

News about Blackrock began to appear and you must have read a number of articles that reported the condition of Blackrock which was then associated with Bitcoin and led to the financial crisis.

Accepted or not, the financial crisis will occur and each country will find a solution.
We must also have an alternative to deal with the situation of the financial crisis.

Of course, when some big financial companies collapse and fall it will really affect the world economy. However, isn't Blackrock to big to fall? it has the chance but I do not see people behind it wanting that to happen, unless they move those money to their personal account and never recover.

Or it is not about the people are not ready, it's all about conspiracy that we have heard before and so far nothing has happened. Or are there whistle blower already in the US trying to divulge everything? Maybe some of us haven't heard it?

[a thin bloody vein of conspiracy theory]
though blackrock create new trusts of collateral which they split up into shares to sell, what most general people do is deposit their hard earned income into pension plans such as 'roths' that are run by the rothchilds

so its meant to be upto the roths to manage the risks.. and we all heard about the history of the rothchilds in regards to world economics

Where did you get that info? The world financial collapse will start because they have been printing tons of money and we have been doing well for a long time, so it's time for things to collapse, I guess that's inevitable and part of our life.


You are right, rich people make money from everything, including the collapse of the world economy. Do you remember 2012 year? Lots of people really thought that it would be the collapse of the world but I remember how some companies were earning billions of dollars. For example, local candle producers earned tons of money, during Covid - Toilet paper and oil producer companies earned tons of money. They artificially reap panic in people to create immediate demand on the product and sell what wasn't selling well before.

And as always, you try to find a stupid meaning where there is none! BlackRock is a product of Blackstone, founded by Peter Peterson and S. Schwarzman, so that's the whole name for it, Peter (greek for Stone), Schwartz (german for Black).


Yeah, the problem with this apocalyptic scenario you've been dreaming of since ten years ago on this forum is that BR is an assets manager, so if Tesla can go bankrupt because of not selling a dime, Blackrock will still have its Tesla shares, no matter the value, if Bitcoin goes to zero it's not BR that is losing money it's clients that have bought Bitcoin ETF that lose money, so no, BR going bankrupt will happen only when people will pull all their money out of it and they have nothing to manage anymore!

If Blackrock becomes insolvent, it will bring in a huge impact on the market for sure. They manage assets worth 11.4 trillion USD as per their September report. So it is also very difficult for such a huge company to become insolvent anytime soon. They are quickly expanding as well. Recently, they have entered Indian market as a JV with Jio financial services, aiming for another couple of billion dollars. Blackrock is one of the most solvent companies in the world. So it's highly unlikely to happen!

Private companies can collapse and be replaced, that's part of the process.  Failure has been occurring for thousands of years, blackrock even though big wouldn't be a new thing.  The problem with 2008 failure for example was it was government backed and even worse when bad deals were done the government doubled down on that poor action.
  Its part of the back story to Bitcoin and why it came into existence a few years later, someone thought it important we weren't all leaning on the rotten crutch which is governments funded by debt and FIAT.

Are we less contagious now then in 2008, I think probably not but we are more aware of the problem most likely.  Its hard to quit a habit, it might even kill you (or your finances) while you always knew it was a problem.   I kinda figure we might have to fail before the world changes, that too would be capitalism so that the failure is ultimately productive so long as negatives instances are driven out

Perhaps the worst can be avoided, but we are likely headed for the most dramatic economic collapse the world has ever seen. Historically, the whole globe wasn't as connected as before, and the fiat debts are owned and shared by so many more countries this time.

Ah, I see your conspiracy of the day is that you stumbled across a news story about Blackrock, which despite the rather unfriendly name is just another private equity fund. Sure, it might be one of the top three in size but it is nothing special and the only people that get scared of it are those who don't understand the basics about the world of finance. The richest countries in the world are generally capitalist societies, where wealth is stacked up like a pyramid - a few people have lots, some people sit in the middle and lots of people scrape hovering lower down. Private equity funds allow any of those groups to invest and share future growth, it is rather simple really.

There will at some point definitely be another financial crisis that affects lots of the world. You could say we are already in the early stages of one, wages haven’t kept pace with inflation for a long time. Keep up to date on world events, have an emergency cash fund just incase. Any crisis will finish & things will get better, remember that.

A source would be nice to see.
A name given by someone not associated with the masonic world BlackRock means the name of an investment company many envy.
Just another panic ridden post of the same TO who produces his negative views on all financial things he has cero influence in,  


https://en.wikipedia.org/wiki/Masonic_conspiracy_theories

Did you mean BlackRock is going to start the next financial crisis? It may happen, they are definitely so strong that they can move the markets with their capital... whatever happens, remember that some people (or groups of people) make money even when there is a crisis.

Many people won't be ready for what's coming, some will be... it's a strange world. So watch yourself and try to protect yourself if you can, that means diversifying if you can.



Some crises are made up just to keep people submissive and in their place. Don't believe everything you hear, but try to protect yourself anyway.

.
Anyways the world financial collapse start with blackrock br becomes insolvent so all the assets will be liq from blackrock.
People not ready, but people should lose because they don't study the things what they they dealing with.