Wall Street's shadow king, Blackrock's Larry Fink who manages over $3 trillion, and is the world's biggest asset manager, appeared on Bloomberg TV in an interview with Erik Schatzker, and the first thing he said is that the "market likes totalitarian governments." That one statement explains everything one needs to know about the market performance over the past two years: there has hardly been a time in the past century when all the globalized regimes supporting stock markets and asset prices have been more "totalitarian" by Fink's, or any other definition, than they are now. And while the plutocracy may welcome the advent of the Communist States of Iosif Vissarionovich Bernankestein, the common folk, as they always do, ultimately revolt violently against any such attempt at supreme government. Zero Hedge regular Mike Krieger was quick to proclaim his condemnation: "This is how these elites think. Even if markets did like totalitarian governments HUMANS DON’T. This guy is pure scum and is exactly what is wrong with America and its policy today. This is also the guy that told us to buy dollars and treasuries yesterday…" But such are the ways of a dying ponzi regime. Everyone knows the end is coming and is inevitable. And while Wall Street's self-anointed masters of the universe believe they will be able to avoid the ultimate unwind, they are wrong. Just like Gaddafi is finding out first hand right about now.
Link to video and more:
http://www.zerohedge.com/article/shadow-king-wall-street-markets-love-totalitarian-markets
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