Members ThePilgrim Posted October 20, 2011 Members Share Posted October 20, 2011 (edited) I took this from http://azizonomics.com/ while doing my reading of worldly topics. It’s long been clear to some of us in the financial kingdom that a small clique of powerful companies control vast swathes of the global economy. Now that mythos has been given some scientific credibility. From New Scientist: The idea that a few bankers control a large chunk of the global economy might not seem like news to New York’s Occupy Wall Street movement and protesters elsewhere (see photo). But the study, by a trio of complex systems theorists at the Swiss Federal Institute of Technology in Zurich, is the first to go beyond ideology to empirically identify such a network of power. It combines the mathematics long used to model natural systems with comprehensive corporate data to map ownership among the world’s transnational corporation. The work, to be published in PloS One, revealed a core of 1318 companies with interlocking ownerships (see image). Each of the 1318 had ties to two or more other companies, and on average they were connected to 20. What’s more, although they represented 20 per cent of global operating revenues, the 1318 appeared to collectively own through their shares the majority of the world’s large blue chip and manufacturing firms – the “real” economy – representing a further 60 per cent of global revenues. When the team further untangled the web of ownership, it found much of it tracked back to a “super-entity” of 147 even more tightly knit companies – all of their ownership was held by other members of the super-entity – that controlled 40 per cent of the total wealth in the network. “In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network,” says Glattfelder. Most were financial institutions. The top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group. As the world learned in 2008, such networks are unstable. Or, as I put it this week: One thing is clear: A huge mountain of interlocking, interconnected debt is a house of cards, and a monetary or financial system based upon such a thing is prone to collapse by default-cascade: one weak link in the chain breaks down the entire system. A cartoon from 1912 (one year before the Federal Reserve System was set up). God bless, Larry Edited October 20, 2011 by pilgrim1938 Quote Link to comment Share on other sites More sharing options...
Members Covenanter Posted October 20, 2011 Members Share Posted October 20, 2011 You've explained the one-world government everybody (except me) is prophesying ..... Quote Link to comment Share on other sites More sharing options...
Members Invicta Posted October 21, 2011 Members Share Posted October 21, 2011 I took this from http://azizonomics.com/ while doing my reading of worldly topics. You should return it. Quote Link to comment Share on other sites More sharing options...
Members ThePilgrim Posted October 21, 2011 Author Members Share Posted October 21, 2011 I took this from http://azizonomics.com/ while doing my reading of worldly topics. You should return it. I wish I could. I hate to offend. Quote Link to comment Share on other sites More sharing options...
Members John81 Posted October 21, 2011 Members Share Posted October 21, 2011 I don't know about a one world government but it does explain how the banking elite takes hold of a nation and strangles it. Such has happened throughout history. Quote Link to comment Share on other sites More sharing options...
Members JerryNumbers Posted October 22, 2011 Members Share Posted October 22, 2011 Of course everything is controlled by a few. Even in this country, the few get favors constantly from our congressmen, & the few are good at giving our congressmen favors in return. Its called politics. Political favors. And the big men with a much to spend are the ones who get the favors. And its not going to change. I'm very happy, this is not my home, I'm a sojourner, just passing through, looking for that wonderful Promise, that I have from God thru Jesus my Savior. Quote Link to comment Share on other sites More sharing options...
Members swathdiver Posted October 23, 2011 Members Share Posted October 23, 2011 I'm very happy, this is not my home, I'm a sojourner, just passing through, looking for that wonderful Promise, that I have from God thru Jesus my Savior. AMEN!!! Come Lord Jesus! Come quickly!!! Quote Link to comment Share on other sites More sharing options...
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