Break the Matrix - Understand the Ownership Networks
Here's a fun fact about the number one player, Barclays: Barclays was a main player in the LIBOR manipulation scandal, and were found to have committed fraud and collusion with other interconnected big banks. They were fined $200 million by the Commodity Futures Trading Commission, $160 million by the United States Department of Justice and £59.5 million by the Financial Services Authority for "attempted manipulation" of the Libor and Euribor rates. Despite their crimes, Barclays still paid $61,781,950 in bonuses earlier this year, including a whopping $27,371,750 to investment banking head Rich Ricci. And yes, that's actually his real name..." - Karen Hudes
These "ownership networks" can reveal who the key players are, how they are organized, and exactly how interconnected these powers are. Each of the 1318 companies 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. According to his data, James Glattfelder found that the top 730 shareholders control a whopping 80% of the entire revenue of transnational corporations. And — surprise, surprise! — they are mostly financial institutions in the United States and the United Kingdom. That is a huge amount of concentrated control in a small number of hands... Here are the top ten transnational companies that hold the most control over the global economy: 1) Barclays plc 2) Capital Group Companies Inc. 3) FMR Corporation 4) AXA 5) State Street Corporation 6) JPMorgan Chase & Co. 7) Legal & General Group plc 8) Vanguard Group Inc. 9) UBS AG 10) Merrill Lynch & Co Inc. - Karen Hudes
Super connected companies are red, very connected companies are yellow. The size of the dot represents revenue. Glattfelder has done a remarkable job of boiling these connections down to the main actors.
730 shareholders control 80% of the entire revenue of transnational corporations.
730 shareholders control 80% of the entire revenue of transnational corporations.
Pareto Principle 80- 20 Rule - The Magic Pill
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The Pareto principle (also known as the 80–20 rule) states that, for many events, roughly 80% of the effects come from 20% of the causes. Management consultant Joseph M. Juran suggested the principle and named it after Italian economist Vilfredo Pareto, who, while at the University of Lausanne in 1896, published his first paper "Cours d'économie politique."
A chart that gave the inequality a very visible and comprehensible form, the so-called 'champagne glass' effect, was contained in the 1992 United Nations Development Program Report, which showed that distribution of global income is very uneven, with the richest 20% of the world's population controlling 82.7% of the world's income. - Wikipedia
A chart that gave the inequality a very visible and comprehensible form, the so-called 'champagne glass' effect, was contained in the 1992 United Nations Development Program Report, which showed that distribution of global income is very uneven, with the richest 20% of the world's population controlling 82.7% of the world's income. - Wikipedia
Take Back Control - Using the 80-20 Rule
Solving the problem
Here are a few problems we face in our world today: Poisoned water, GMO's, poor air quality, viruses, pensions evaporating, terrorism, racism, poverty, high energy prices, currency wars, fear of a rate hike, how to handle refugees, threat of World War III, looming collapse of dollar, weather changes, gun violence, rape, murder, corrupt politics, corrupt institutions, on and on and on... As demonstrated in the video, the tool we can use to solve our problems is 80-20 Rule. If you didn't notice, this rule was used to gain monetary control over world affairs as James Glattfelder demonstrated in his research. The Pareto chart identifies the most significant items which will show you were to focus your efforts. Fortunately, our most significant problem, the Network of Global Corporate Control, has been identified. The hidden hand (NGGC) that has created chaos and corruption to keep control has lost control now that we understand the rule. The NGCC cannot survive without the funds to bribe, corrupt, and manipulate others. This is why the Global Debt Facility is the key to taking back control of our world. Our brightest (20%) people, in the various fields of enterprise, government, education etc. can turn our situation around instantly given the proper resources. 3rd Dog @Securenewstv |