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Barry O'Kenyan's avatar

There is a difference between a regular company provides products or services and fund managers like blackrock. FMs invest, for a fee, the money that investors give to them to invest and manage. The most obvious example being the super that most have.

However, if they are allowed, or cheated, by using those funds under their management as leverage or collateral to borrow and invest on their own. In that case, the FMs themselves own whatever they invest since it is their borrowed money!

Because of the vast sums that they have to invest., they have political pull.

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BDBinc's avatar

Hi Richard (and readers) hope you are all doing Ok .

All PM's and Presidents are central bankster appointed cronies (some more bankster than others like Key whom some have suggested is also related by blood). Blackrock is openly partners with the NZ govt (or you could say to point closer to the relative truth) the Crown NZ govt are openly blackrocks bitches after they took our renewable " green" energy .

The PM is just a media spokesperson for the central bank's nation State corporation( Crown NZ govt), people need to grow out of the nanny State dogma(" democracy"haha).

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