This very entertainingly-edited video by Roger James Hamilton explains how a powerful AI called Aladdin built by BlackRock’s Larry Fink is a big reason why you will own nothing – because it will own everything.

***

TRANSCRIPT

What if I told you there is a robot that controls more wealth than any country on Earth? A robot so powerful, that in the last 10 years, it has quietly created the biggest company in the world. This is the story of a robot called Aladdin.

It’s Wall Street’s best kept secret and is gobbling up every asset class across every industry. Aladdin now controls $21 trillion of our global economy.

To put that in perspective, that’s more than the $20 trillion GDP of the US or the $15 trillion GDP of the entire European Union.

The New Statesman wrote the total physical cash of all seven billion people and every company bank vault wallet and piggy bank in the world is around $5 trillion. Aladdin has grown into a system responsible for more than four times the value of all the money in the world.

This one robot directs the actions of the US Federal Reserve, almost every major bank and investment fund on Wall Street and over 17,000 traders.

It controls half of all ETFs, 17% of the bond market, 10% of the global stock market and carries out a quarter of a million trades every day and billions of forecasts every week, year after year.

It hoovers up trillions of data points on every market, every company, every asset – and now, even each of us; what we buy, sell and say, so that it knows what to buy and what to sell far better than any human being.

Every major bank, company and investment fund has come to rely on Aladdin and it’s all powerful AI and algorithms to beat the market. And if they didn’t, they’ve collapsed and failed in Aladdin’s wake. And you know what the craziest part of this story is? This robot is just getting started.

So where did Aladdin come from and how did it get so powerful?

Aladdin is the brainchild of Larry Fink, the founder of BlackRock and his total dominance has made his company the biggest shadow bank in the world and the most powerful company on Earth.

The story you’re about to hear is equally unbelievable and terrifying. In fact, you would think it was science fiction if it wasn’t very real and happening today.

This story starts in the 1980s, when Larry Fink was making millions pioneering mortgage-backed securities at Wall Street bank, First Boston.

That’s right. The same mortgage-backed securities that caused the 2008 Global Financial Crisis 20 years later. But back in the ’80s, he was in an epic Wall Street rivalry with Louis Ranieri at Salomon Brothers, made famous as the big swinging dick in Michael Lewis’ book, ‘Liars Poker’.

Back then, Larry was making millions for the bank and was on track to be First Boston CEO and then in 1986 an error in the back office computer models led to Larry making the wrong trades and he lost the company a hundred million dollars.

The result was Larry leaving the bank as a failure with the stupid computer to blame.

With that experience, Larry had just one ambition: to build a super smart robot that could pick out risk and opportunity in the market and do it better than any computer or human could do.

In 1988, he launched a new startup, BlackRock with a tiny coding team to give birth to this robot, its name, Aladdin, which stands for Asset, Liability and Debt Derivative Investment Network.

In its first 10 years, Aladdin was fed information about every asset price movement and risk variable in the global bond market, Larry’s specialty and in 1999, when Aladdin turned 11, Aladdin was getting so intelligent at picking losers and winners that Larry began selling access to his data to other Wall Street firms.

That same year, he took BlackRock public on the New York Stock Exchange. Straight after the IPO, the dot-com bus burst, pushing a wall of money from the stock market to bonds, which Aladdin had become the undisputed world champion in.

Within years, BlackRock had become a trillion-dollar company and as money started shifting back to shares, what did Larry do? He bought the asset management arm of Merrill Lynch, which was focused to shares.

So the gift for Aladdin’s 18th birthday: all the data points for the entire stock market and suddenly, Aladdin had a new playground analyzing every stock trade and risk factor for every company on the stock market.

As a result, today BlackRock, together with his two closest rivals,  Vanguard and State Street, both of which also rely on Aladdin’s mountain of knowledge have become the biggest shareholders of over 40% of all public listed companies in America.

2008: the Global Financial Crisis hits and before Aladdin turns 21 years old, is called on by every Wall Street bank and Timothy Geithner, the head of the Federal Reserve and the US Treasury, as soon as Lehman Brothers collapsed and the Wall Street meltdown began the US Government came calling to save the next collapsing bank, Bear Stearns.

It was Aladdin who decided which assets to keep and wish to leave in the $30 billion rescue package and few people know it was a robot that saved America from disaster.

With that first success, the Fed, US Government and now, even European and Japanese central banks began relying on Aladdin to make the calls on where the $2.5 trillion of new money they printed should go, the majority of it bonds and funding to prop up the mortgage companies and banks.

But wait – aren’t these exactly the assets that Aladdin and BlackRock already were invested in? Exactly. But growing protests of conflict of interest were drowned out by the noise of the printing presses printing more money as the assets controlled by Aladdin rapidly grew to $11 trillion by 2013.

In the last decade, Aladdin has gone from the leader to the dominator of all financial markets. With Blackrock’s Barclays acquisition, it got eye shares, Barclays Exchange Traded Funds units or ETFs and with that, Aladdin moved from dominator of bonds and equities to dominator of ETFs, just as all the biggest investors shifted from mutual funds to ETFs and that’s when, in 2017, everything changed.

On Aladdin’s 29th birthday, Larry launched a top secret project at BlackRock, code named “Monarch”, which led to the firing of his fund managers and replacing their funds with Aladdin’s funds, the robot was now eliminating humans from the equation, altogether and as a result, today over 70% of all trades on US stock markets are decided by robots, with Aladdin leading the way.

These trades are completed from beginning to end without a human involved in High Frequency Trading far faster than a human can execute.

Now, if this was just a story about a robot taking over the job of Wall Street traders, you might not be so concerned, unless you’re one of those traders but in the last three years, as Aladdin hit $20 trillion in assets, incredibly, it has begun to consume and control at an even faster rate; first, in 2020, as Aladdin turned 32 years old, the US Government and Federal Reserve again came calling, as the pandemic hit.

Aladdin was, again the one to guide the nation in what was now $4 trillion of newly-printed money. Where did the money go this time? Inexplicably, for the first time, the Fed began buying ETFs in 2020.

While that’s a little strange and again the cries of “Conflict-of-interest!” were drowned out by the money-printing. And then, Aladdin revealed its end game.

Recently, BlackRock acquired EFRONT, which collects data on the things that you and I own, including private equity and real estate and since then, Aladdin has consumed EFRONT’s data on the entire global real estate market – and yep, you guess what happened next.

Over the last two years, BlackRock and other funds using Aladdin’s data have begun buying up single-family homes, where they can afford to output the rest of us, as they have unlimited financing at hyper low interest rates.

The result is home prices rising by 20% over the last two years and pushing now even big players like Zillow out of the market.

And here, we see Aladdin’s end game: to be the one hyper-intelligent AI robot that not just controls Wall Street assets but all assets public and private.

Now, I’m not into conspiracy theories but even a skeptic with eyes wide open can see the signs. We’re already at a point where no one can compete without Aladdin, as CEOs and asset managers, like Anthony Malloy are now saying, “Aladdin is like oxygen. Without it, we wouldn’t be able to function.”

And what about government regulation? Well, Joe Biden has appointed BlackRock executive, Brian Dees as head of the National Economic Council, which basically means the oversight of Aladdin and BlackRock is now the responsibility of – BlackRock.

And Biden has also appointed BlackRock Chief of Staff, Adewale Adeyemo to be Assistant Secretary of the Treasury, which means BlackRock is now the Treasury, as well as the Treasury advisor.

And this story is far from over. The genie is out of the bottle and Aladdin has already reached a tipping point where one robot controls more wealth than any person or country.

But as Aladdin’s AI capabilities continue to grow and with its rate of control rising by another trillion to two trillion dollars in new assets every year, it looks inevitable that Wall Street’s secret weapon could end up owning everything and we end up owning nothing.

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13 comments

  • Were you referring to the marxists Demoncrats leftist-globalists’ anti-human & anti-life ideologies & policies being responsible for the failed Biden-Harris, Obama-Clinton, Pelosi administration and regimes….?

    Because we’re well aware of how the leftist Demoncrats tend to speak in reverse language by inverting everything Right to suit their narrative thus, opposite to Right-good, making them masters of trickery when it comes to assuming identity of opponents for deception, blaming & finger-pointing purposes!👇
    Preaching one thing & doing the exact opposite is the modus operandi of leftist demoncrats!

    “YOU ILL KNOW THEM BY THEIR FRUITS
    “Beware of false prophets, who come to you in sheep’s clothing, but inwardly they are ravenous wolves.”
    Matthew 7:15

    “They say that right is wrong and what is wrong is right; that black is white and white is black; bitter is sweet and sweet is bitter.”
    Isaiah 5:20

  • And l wonder who created and owns BlackRock-Alladin, the leftist globalist? And we all know who these greedy people are – even the “Simpsons” cartoon episodes can tell you who that is exactly!

    Time to come clean and stop pussyfooting around these antiHuman & antilife evil entities!!
    I bet this AI robot knows what to do with all that stashed loot, its lays hidden in its Aladdin cave!

    How about humanity discovery of his location and say the magic phrase…”open sesame” to retrieve all the stolen cash, looted by this despicable greedy AI robot over millennia…..?!

  • Alexandra,

    Lest we forget, re “Wall Street’s best kept secret”
    ( third paragraph in your above report ), study my
    essay—not for publication here, but for your own
    consideration :

    — Vulture Capitalists —

    =====
    ©1999

    Why Wall Street Capitalists

    Hate Families

    and

    Nationhood

    – – –

    Wall Street, Adolph Hitler, Red China

    and

    Republican Internationalists
    ( a/k/a vulture capitalists )

    Republican internationalists have a vested interest in the destruction of the nuclear family and nationhood.

    Most corporate businessmen are not ethical people. Businessmen who are ethical reflect the good moral values of their neighbors, and they generally are found in small stores in small communities.

    President and Founder Thomas Jefferson said this about greedy businessmen: Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains.

    Western merchants knowingly sold Hitler the means to wage war – and the chemical with which to gas millions – while contemporary “American” businessmen sell Red China the means to destroy our cities in a future confrontation.

    [[ 2022 Update, regarding Traitorous Capitalists :
    https://blog.nomorefakenews.com/2022/03/16/anti-russia-try-this-on-for-size/ ]]

    And if asked to explain their bottom-line self-interests, businessmen resort to their if-I-don’t-sell-it-to-them-somebody-else-will vulgarity, as if making the sale justifies the means and end.

    Do you really think Wall Street is a family-friendly financial center? No (and The Wall Street Journal is vulture capitalists’ champion rag. It stinks to high heaven of immoral compromise and anti-American duplicity).

    Most Wall Streeters are evil men and women who hide behind a clean but false veneer of business suits and Better Business Bureaus—which mostly protect unethical business practices not customers, and which veneer keeps you dumb and merchants rich.

    Free-trade Republicans mean just that—f r e e t r a d e!: no restrictions on the flow of people and goods, which kind of trade destroys family, community, and nation, to which argument a Republican internationalist might say, “But if I don’t destroy family, community and nation for profit, somebody else will.”

    America is becoming a free-trade brothel for anything-goes Global Commerce, which partly explains her moral and cultural decline (Marxist/socialist/feminist liberals play the other part).

    Why would a businessman want controls on culture-destroying immigration from the Third World? Every warm body sneaking across the border, and every legal immigrant, is a potential customer in retail stores. That’s why NAFTA was passed in the face of a coming, massive increase in crime and drugs—to infect Americans from and through Mexico, not to mention illegals (and drugs) smuggled on NAFTA trucks; and that’s why the tourist, airline, and communications industries don’t care who is legal and who is not. Citizenship and nationhood impede profits! The more influx of immigrants and “visitors” from outside the U.S. – the latter containing a large percentage of I’m-going-to-stay visa holders – the more air flights, hotel bookings et al., and long-distance telephone calls to overseas friends and relatives.

    Why would church and synagogue businessmen want controls on immigration? Catholic Charities and Jewish Family Services rake in millions each year by helping the State Department resettle diverse races in white communities across America, not to mention their recruiting members in the exchange. And religious organizations can gain by family breakups and cultural disruptions. During the every-one-can-get-rich Roaring Twenties churches and synagogues suffered poor attendance, but during the Great Depression membership shot up (during the Dark Ages, religionists ruled).

    Why would a businessman want controls on welfare? Every cent that you turn over for redistribution to welfare recipients is money you can’t save, but change jingling in capitalists’ pockets. Business owners don’t pay taxes but pass them on to customers. They’ll complain about high taxes stifling business, but they’d rather have confiscatory taxation for welfare recipients – to keep money out of savings and in circulation – than high saving rates among consumers.

    Why would a businessman want to reduce family breakups? Every family that falls apart is more money spent on lawyers, moving trucks, apartments, homes, household appliances, restaurants, hotel rooms and day care centers.

    Why would a businessman want a nation of stay-at-home moms who’ll prepare and serve meals at home, and instruct their children in moral virtue, rather than join the grubby workforce of fast-food addicts keeping all those artery-clogging outlets happy (now Third World nations suffer that anti-health, anti-family blight killing Americans)?

    Why would a businessman want controls on abortion? That industry puts billions of dollars in merchants’ pockets, which situation pits one kind of bad businessman against another: Killing wombed babies may make rich those merchants of death but the human slaughterhouses reduce population growth, which growth underpins capitalists’ economies—and which necessary underpinning explains Republican internationalists’ open-borders immigration policy in a nation of abortionists.

    Why would a businessman want controls on pornography? That industry puts billions of dollars in merchants’ pockets, helping to break up families and instruct each new generation on sex-gratification techniques for use outside the bonds of matrimony. Why commit to the rigors of family life when men and women can have sexual fun instead? And why uphold an institution that puts a drag on capitalists’ god:
    C o n s u m e r i s m ?

    Why would a businessman want controls on people-destroying gambling, tobacco and booze? Gambling is no less an evil than pornography, both of which are cancers on the nuclear family, community and nation. Tobacco pimps (businessmen) target children because they are easy prey and future addicts (customers). And now that nicotine pushers have been corralled because of all the sick and dying across America, booze companies have stepped up their drug-pushing ads everywhere—even though booze does far more harm to children, adults, community and nation than tobacco ever did!

    Why would a businessman even want nation-states to exist? Any block to the movement of people and goods impinges on trade and profit-taking. That’s why Sundays are no longer a day of rest.

    Why would “American” businessmen care whether you and your family are safe from Chinese nuclear rockets? They don’t, which is why American merchants McDonnell Douglas, Hughes Electronics and Loral Space and Communications betrayed their nation for profit, as Lenin predicted: “The capitalists of the whole world and their governments will close their eyes on the kinds of [grim and unscrupulous] activities I have described and will become blind as well as deaf-mutes. They will extend loans which will provide us with the equipment and technology we lack and will thus help rebuild our military industry, which we need to launch subsequent victorious attacks against our suppliers. In other words, the capitalist nations will always work to prepare their own suicide.”

    Why would our vulture-capitalist controlled House and Senate care about flag, family and nation when they draw their gains from traitorous capitalists working the halls to buy politicians’ influence?

    Profit is Republican internationalists’ god. Despise them. Hate them (read my essay, “The Internationalists”). Because while they gloat in their unbridled profit-taking, a tiny part of which they pass along to you to keep you distracted from what’s really at stake, your family and your nation – your lives and moral freedoms – are being traded away by them for mere profit; read my essay, “Capitalism and Marxism,” about how bad aspects of both destroy white Western civilization – the founding race and culture – in America.

    What does it profit a nation to gain all the world’s markets but lose its soul—its founding race and culture?

    P.S.

    The anthropological definition of the much-abused term, “nation,” is: “a people of common ancestry,” which definition fits the Founders’ America—now in steep moral, cultural, racial and financial decline [[ Note: While all extant – published – economic indicators are up, with Internet dot-com “businesses” marching stocks towards never-before-seen highs, the REALITY – the behind-the-scenes reality – is terrifying! ]].

    -Rick

    ######################################
    ######################################

  • who the hell is the programmer in charge here??? Who writes the code for that beast? Behind every evil there is ‘some-body’!

    • There’s hundreds if not thousands of ’em, conveniently outsourced and compartmentalized. There is someone, or group more likely, which/who ‘spells’ his/her area of interest and responsibility. Rote organized criminal enterprise.

      Good and efficient left brain math wizard corpse execution, but not equipped, within that long, close to infinite, chain of one’s and zero’s to the east or west of the decimal…no up or down in the long run, and tied to the finite, indelibly.

      Their ‘magic’ is devoid of humanity, can only strive to manipulate and control and renders itself in a silly-con box devoid of feeling respect, honor, trust, creativity, intuition or any possibility of escaping it’s numbers bound punch bowl of infinite turd floaters, spinning, polishing and gulping for fresh air outside the box.

      Exercise in futility, seeking that constant orgasm fix. Sounds like very unhealthy for humanity chops. They are so pathetic in character that they cannot achieve what they have without giving up their own will and volition to something impossible to deflect or turn off. Naivety covered by hubris, poised to implode.

  • Play will the devil and forsake your Creator and His laws will lead you down a wide and crooked road. Once they own everything, they will come for your sovereignty. . . Your soul. The days of Noe are swiftly arriving. The straight and narrow is your survival… Acts 20:21.

  • ANYONE “REMEMBER” THE “HELLY-WOOD” MOVIE “28 DAYS”???
    WE ARE WITNESSING SOMETHING “SIMILAR” TO THIS RIGHT NOW!
    THE “AVATAR GROUP” IS “SELF-DESTROYING” THEMSELVES.
    THEY ARE LIKE A “VIRUS” TO “HUMANITY”, AND THEIR “COVID MADNESS” IS FROM THEM!
    THEY ARE THE VERY ONES WHO BROUGHT “HELLENISM” TO THIS PLANET…AND CREATED “RACISM” AND THE CODE “LIVE & LET DIE”!

    • …..and “that’s why l say our (WEF-NWO) civilization may not (won’t) survive.”
      He’s clearly referring to his WEF-NWO globalist tower of Babel (Babylonian regime) cumbling down in front of their globalist faces this context!!

    • The antichrist mixes truth with lies by making his intentions known ie bringing division into the family as as follows;👇
      “Don’t think l came to bring peace to the earth! I came to bring trouble, not peace. I came to turn sons against fathers, daughters-in-law against mother-in-law. Your worst enemies will be in your own family.”
      Luke 12:49

  • The people in Sri Lanka, have more sense than Americans have. We’re dumbed down enough that we’re like the frog in the pot of water enjoying the comfort. By the time we decide to jump, they will already have a bigger pot for us to jump into. Capt Joe Kelley.

Kirk Elliott

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