Ripped From The Headlines, December 1, 2022
BRICS Nations Make Their Move, Blackstone Commercial Real Estate Bust, Florida CFO calls Blackrock on the carpet. Sponsor this newsletter! Email email@example.com for details.
SHERLOC Exposes is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
A special ask.
Normally, our sponsor message goes here.
This time, we ask you to consider supporting our work directly, empowered by our friends at GiveSendGo.
They are incredible people. Their team actually called to pray for us, and the work we’re doing.
That’s pretty special.
So, please consider supporting our work. We have other significant stories that need to see the light of day, and we have a number of keynote presentations and trainings planned for 2023.
Fuel in the engine keeps us going.
If you’re already a paid subscriber, thank you!
Many thanks in advance for your support.
SPECAL BREAKING NEWS:
SHERLOC RED ALERT - US VS. CRATER, GOVERNMENT CONTROL, AND #FTX - CONNECTING THE DOTS.
“The Global South births a new game-changing payment system”
“The Eurasia Economic Union (EAEU) is speeding up its design of a common payment system, which has been closely discussed for nearly a year with the Chinese under the stewardship of Sergey Glazyev, the EAEU’s minister in charge of Integration and Macro-economy.
Through its regulatory body, the Eurasian Economic Commission (EEC), the EAEU has just extended a very serious proposal to the BRICS nations (Brazil, Russia, India, China and South Africa) which, crucially, are already on the way to turning into BRICS+: a sort of G20 of the Global South.
The system will include a single payment card – in direct competition with Visa and Mastercard – merging the already existing Russian MIR, China’s UnionPay, India’s RuPay, Brazil’s Elo, and others.
That will represent a direct challenge to the western-designed (and enforced) monetary system, head on. And it comes on the heels of BRICS members already transacting their bilateral trade in local currencies, and bypassing the US dollar.”
“Blackstone limits withdrawals at $125bn property fund as investors rush to exit”
”Blackstone has limited withdrawals from its $125bn real estate investment fund following a surge in redemption requests, as investors clamor to get their hands on cash and concerns grow about the long-term health of the commercial property market.
The private equity group approved only 43 per cent of redemption requests in its Blackstone Real Estate Income Trust fund in November, according to a notice it sent to investors on Thursday. Shares in Blackstone fell as much as 8 per cent.”
“Florida pulls $2B from BlackRock in largest anti-ESG divestment”
“Florida's Chief Financial Officer said on Thursday his department would pull $2 billion worth of its assets managed by BlackRock Inc (BLK.N), the biggest such divestment by a state opposed to the asset manager's environmental, social and corporate governance (ESG) policies.
‘Florida's Treasury Division is divesting from BlackRock because they have openly stated they've got other goals than producing returns,’ CFO Patronis said in the statement provided by his office.
Asked about the move, BlackRock said in a statement that ‘We are disturbed by the emerging trend of political initiatives like this that sacrifice access to high-quality investments and thereby jeopardize returns, which will ultimately hurt Florida’s citizens. Fiduciaries should always value performance over politics.’”
Big Money Thursday, Ripped From The Headlines. Things To Ponder:
The BRICS nations are making their move…
That face send a STRONG message to the Western world… you’ll recall Putin moved $400B + in crypto and #gold when he was kicked off of the SWIFT banking system…
Now, other players around the world are basically saying that there’s no need for the dollar to be the reserve for anything:
“That will represent a direct challenge to the western-designed (and enforced) monetary system, head on. And it comes on the heels of BRICS members already transacting their bilateral trade in local currencies, and bypassing the US dollar.”
This ride is getting bumpy.
Commercial Property Market Chickens, Coming Home To Roost!
Sherloc, as a Market Research firm, has been talking about this powder keg for a number of months…
And now, investors are “concerned about the long term health of the commercial property market…”
As they should be.
When all sectors of the economy are straining under the weight of a recession turning to a depression, people cut back - so do businesses. Click Here for the survey that shows a chunk of businesses couldn’t pay their rent last month.
How do you think this will end?
Three Cheers To Florida’s Chief Financial Officer!
How about the shots fired today from Florida to Blackrock over their ESG tomfoolery?
There’s something to be said for paying attention to return on investments… and working in the best interests of investors.
Meanwhile, firms like Blackrock play crack casino with your money, then know they will get a big payday if they follow the Agenda 2030 plan…
Your returns be damned! They just use your money to get their way.
And that’s why they are ticked off at Florida’s CFO… he called them out on it.
What does this mean?
The US Dollar is likely seeing it’s last days as a dominant world reserve currency.
Pressure on traditional “return generating” markets like commercial real estate is causing a panic - and the investment firms are just doing whatever they want with your money anyway.
And, you’ll also notice that the foundations of your life - where you live and what you live in - aren’t doing well either.
You may also be saying, “well, it’s not like cities can’t go bankrupt right?”
We all thought that was true until Stockton, CA did.
Why should I care?
When the anchors of your wealth, and the people who generally control the outcomes around it, aren’t doing well and are nakedly corrupt and getting away with it. You should care.
Who is watching the watchers?
What should I do?
Watch the watchers.
You won’t be able to sit on the sidelines anymore. If you do, poverty and serfdom are in your future… regardless of how much money you have.
Watch what they do, versus what they say.
What basic, practical skills do you have? You should brush up on them.
Plan, prepare, and look at alternatives, ASAP. Your future depends on it.
Plus a recap of the 50 things you should have handy to barter.
Share this email with everyone you know. Sign up for a free or paid subscription. Paid members will receive our in-depth solutions.
Ripped From The Headlines is your daily digest of what’s happening in the world. We help you to understand what it means, why you should care, and what you should do.
Have a tip on a story, case, or issue that needs to be covered? Email us: firstname.lastname@example.org. Confidentially assured.