this post was submitted on 28 Feb 2025
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They can't hold out forever (slrpnk.net)
submitted 8 hours ago by [email protected] to c/[email protected]
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[–] [email protected] 7 points 4 hours ago (1 children)

Wait, they own the equivalent of 1/3 US yearly GDP?

[–] [email protected] 16 points 4 hours ago (1 children)

Not only do BlackRock, Vanguard, and State Street own everything, they also own shares in each other. Antitrust is dead; it’s basically one big monopoly. These three firms own corporate America

[–] [email protected] 5 points 3 hours ago

Very cool article!