Archive for September 10th, 2020

Global Financial Conspiracy

September 10, 2020

Conspirators have indoctrinated people in the USA to believe that those who believe in conspiracies are insane. That was the most basic insanity to blow people’s minds with. In the present plutocratic global socioeconomy banks lend… to the wealthiest, making the wealthiest, wealthier.

Some decry this as the “capitalism” system, but that terminology is stupid: civilization depends upon capital, and capital enables civilization. Stalinism was extremely capitalistic, and that capital enabled the USSR to make 35,000 tanks, when the “capitalist” German economy could build only a couple of thousands (Hitler himself was stunned by this, adding nobody could have predicted this…).

In 2021 Jane Fraser will become the first woman to run a major Wall Street bank, Citigroup. 

In Race for the World, published in 1999, a book Jane Fraser co-authored, consultants with McKinsey & Co. look at the vast changes in the world’s economy that are altering the way almost everyone does business. The overlords conspire across borders, the rest go bankrupt. The authors believe that geographic barriers to business will virtually disappear over the next 30 years and that the implications for companies could be devastating–or incredibly rewarding. “Over time, the only class that matters will be world class,” write Lowell Bryan, Jane Fraser, Jeremy Oppenheim, and Wilhelm Rall. “All others will be forced to restructure or go out of business.” How do you “restructure” individuals?

Such graphs are legions. Another one, which baffles understanding is the share of financial derivatives (it’s roughly a thousand times that of the US GDP…

Such people, and such beliefs rule the world. Then came, seventeen years later, the fly in the ointment, Donald Trump and his “populist”, not to say popular, national creed.  

The authors of “Race For the World”see world economic integration spurred on by new capital markets, advances in computing and communication technologies, and a rapid decline in government influence. In other words, the plebeians will lose influence. The financial rewards of building a great global firm in the late 1990s are extraordinary. The book provides many strategies for success in the next millennium and includes chapters on the importance of market capitalizations and building “superior intangibles–intellectual property, talent, brands and networks.” Read: conspiracies, graft and corruption. 

Helped by the steady hands of good ghost writers, “Race for the World” was cobbled together from disparate articles from the McKinsey Quarterly. 

Authors start by claiming they were inspired by Jared Diamond’s Guns Germs and Steel. I have long suspected Diamond, in spite of what he may think, to be an accomplice of the established world order [1]. In the ascent at the helm of world finance of someone guided by Diamond’s ideology, we have an interesting hint of that. Tellingly, Diamond, like an academic Don Quixote, keen to make his millions by ingratiating himself to the financial powers that be, focused on a windmill, a form of racism nobody believes in anymore, namely that the brown skins are dumb, and forgot the essence of humanity: culture…

Of this, more later.  

Meanwhile meanie Fraser will enjoy her millions. Citigroup Inc. paid Chief Executive Officer Michael Corbat $24 million for 2019, unchanged from the previous year… Henchmen, and, no doubt, henchwomen, are very well rewarded. After all, their condition has got to be painful, they have to live with their creepy selves, who are living insults to the human race…

Patrice Ayme

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[1] Interestingly Diamond’s ideology in GGS is very different from the one he developed by 2009, with “Collapse”… Which is closer to yours truly… Of course, that all makes sense: after GGS, Diamond was wealthy and famous, and he could afford to disagree with the plutocracy (more in interviews than in his books)

https://patriceayme.wordpress.com/2009/02/15/stop-humoring-the-plutocracy/


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