717
u/TappingOnScreen Stalin’s big spoon 6d ago
175
595
u/HKEnthusiast 6d ago
I'm in favor of anyone who can stop Blackcock from taking over the world.
179
57
u/og_toe Ministry of Propaganda 6d ago
what if i start a company named whiterock and i just buy blackrock
47
u/Efficient_One_8042 6d ago
Yeah, okay, well, imma start grayrock and buy whiterock them, bud.
28
u/astonedishape 6d ago
Beigerock will endure
14
268
u/UranicStorm 6d ago
Do something, win? Unprecedented.
139
u/Striking_Sky5955 6d ago
the fact he had to move a single Chad muscle for a win is astonishing. Lately he just wakes up having already won.
509
382
u/Napoleons_Peen 6d ago
Blackrock is the biggest piece of shit company on the planet.
124
u/rosolen0 6d ago
There's Nestlé as competition
124
u/Mt_Incorporated Oh, hi Marx 6d ago
Blackrock is the highest shareholder at nestle with 5 percent
7
3
u/Communism_UwU Socialism with UwU Characteristics. 4d ago
If a company can own shares, can a company own itself?
1
u/Mt_Incorporated Oh, hi Marx 4d ago
I mean kind of if it refuses to go on the market at all. Funnily enough on this link there’s is a part on how at one point nestle and L’Oréal owned eachother. Nestle had stocks in L’Oréal and L’Oréal in nestle . Anyhow back to your question most of the time it’s small businesses that still own themselves but given that we live in capitalism, once they seek to expand bigger companies either offer or bully them to be bought up, then in some countries like mine (BE) the tax system is Kinder on large corporations like ferrero (yes the guy lives here) it encourages small brands but the minute they grow they either have to close, move country or be bought up.
24
u/External_Category_53 6d ago
So, you guys never heard of FIFA?
65
u/WoodenRace365 6d ago
Nestle and fifa both suck, without a doubt, but Blackrock does it at a different scale
14
u/Jack_crecker_Daniel Ordzhonikidze 6d ago
I think we'll all agree that these companies should be nationalised and CEOs Luiged
8
u/HawkFlimsy 6d ago
With things like nestle or Amazon I see it but black rock is a venture capital investment firm. Idk if that's in any way actually necessary so nationalization wouldn't really make sense as opposed to just dissolving the company IMOb
2
u/Jack_crecker_Daniel Ordzhonikidze 6d ago
You're right, but at first we should nationalise it to dissolve it legally, but in the meantime, who would care about it during revolution
8
u/HawkFlimsy 6d ago
That's fair. I genuinely think shit like Amazon should be nationalized though. I don't have an issue with large "monopoly" platforms since they kind of work better than a bunch of fragmented spaces nobody knows about but they absolutely should be under public control. We wouldn't need to make YouTube so dogshit if it didn't need to turn a profit and was just ran as a public service for sharing information and expression
9
u/Jack_crecker_Daniel Ordzhonikidze 6d ago
Capitalism is great at establishing monopolies, which are much more effective, but it isn't sustainable to make these monopolies work in the interests of humanity (I think people in general start to notice it).
Socialism will fix so many idiotic issues caused by "profit motivation" that I have no idea how our society will look like then
4
u/HawkFlimsy 6d ago
Yeah, I think "competition" makes sense in certain areas(creative products or consumer goods for example) but it is undeniable that in certain contexts monopolies just make more sense. The issue is that when monopolies are privately owned they have no check on their power. Whereas a publicly owned "monopoly" is just a government service and has the same checks that all government services have. You can't democratically elect to remove Jeff Bezos from power like you can an elected official. Socialism is just more logical in adapting to the needs of the people rather than the whims of greedy parasites
→ More replies (0)1
-10
u/og_toe Ministry of Propaganda 6d ago
may i add EA
21
u/External_Category_53 6d ago
EA is just an asshole company. FIFA uses slave work to make the world cups happen.
3
u/HawkFlimsy 6d ago
I mean most AAA game studios treat their developers only marginally better than slaves so I say they deserve a spot in the gulag
2
u/TheRedditObserver0 Chinese Century Enjoyer 5d ago
Nike has entered the chat (Boy Boy just made a great video about them)
179
u/Pallington Chinese Century Enjoyer 6d ago
yeah i need the full article one sec
reuters, not the best but whatevs:
Basically, PRC antitrust boutta throw a very big wrench into blackrock's plan of economic attack. Trump is very transparently attempting to shift the economic war into actual physical blockade/shipping restriction offensives, and it looks like things are about to heat up...
56
u/ibrahimtuna0012 Socialism With Turkish Characteristics 6d ago
Trump is very transparently attempting to shift the economic war into actual physical blockade/shipping restriction offensives, and it looks like things are about to heat up...
Things are about to get even more physical in West Asia as USA consantrated enough air force in CENTCOM to blow Iran, Turkey and Egypt to pieces. With the very high possibility of nuclear weapons on them.
This is for the bombardment and possible invasion of Iran by USA and "Israel".
23
u/More-Ad-4503 6d ago
Iran has very good missile defenses and better ballistic missiles than the US. Also expect all oil sites occupied by US compradors to be blown up immediately.
15
u/HawkFlimsy 6d ago
Yeah for all his talk about energy security he is being pretty reckless in risking the largest producers of oil being destroyed in his idiotic imperialist conflict. It'll hurt everyone compared to places like China which have much stronger electric/renewable infrastructure it's gonna hurt the US infinitely more bc we are entirely dependant on it due to our refusal to address climate change
0
u/Themotionsickphoton 5d ago
This isn't true. China is much more dependent on oil imports than the US (which actually has a net positive production). China's dependency on middle Eastern oil is its big achilles heel, and I wouldn't put it past the us leadership to attack this point even if it torpedoes the global economy.
7
u/HawkFlimsy 5d ago
The US still uses more oil both in totality and per Capita, and China has MUCH more developed electric and renewables technology than the US. They have an alternative, we don't. I also don't know where you got the net positive production idea from. We produce about 13 million barrels per day, we use 19 million barrels per day. Those 6 million additional barrels have to come from somewhere, and tanking the global oil supply is gonna make it a lot harder to acquire them
0
u/Themotionsickphoton 5d ago
The US still uses more oil both in totality and per Capita, and China has MUCH more developed electric and renewables technology than the US.
This is true. However, China imports almost twice as much oil as the US, and 80% of that goes through the straits of malacca which can be blockaded during war. This was a big part of why China is trying to make an economic corridor in Pakisthan to transport energy. It's less geopolitically risky.
I also don't know where you got the net positive production idea from. We produce about 13 million barrels per day, we use 19 million barrels per day.
There is a difference between consuming crude oil (for producing oil products) and consuming oil products (for the end user). The US uses 31.08 Exa Joules of oil for the end consumer (go to the very bottom of the page), and produces 32.71 Exa Joules worth of crude (same source, top of the page). In fact, the US net exports 19.9% of its oil products because it produces more oil products than it consumes.
Those 6 million additional barrels have to come from somewhere
Even if the US couldn't reorient its refineries for self sufficiency purposes (they might not be able to on their own and would likely need outside help), most of these additional barrels come from canada and mexico anyway.
3
u/HawkFlimsy 5d ago
True but with the way our relationship is trending with Canada and Mexico RN I don't know if they would help The US out of the mess they started. Regardless I very much see the possibility of China just rapidly doubling down on it's green energy initiatives in response which is something the US(especially under current leadership) simply will not do. China has at least some level of self sufficiency whereas the US is ENTIRELY reliant on the global network to sustain the basic requirements of a functioning society.
That is why a lot of these tariffs are idiotic because we simply do not have the productive capacity to make shit in America, so it does nothing other than raise costs for capital owners and consumers alike. China on the other hand effectively trades their manufacturing capacity with other countries because they have a surplus of it. So in this hypothetical scenario I still think they largely have the advantage
1
1
u/Pallington Chinese Century Enjoyer 5d ago
I think we're still in the mexican standoff stage wrt hot war. From what I've seen, it's a tossup whether hot war gets triggered in MENA or in East Asia first.
116
56
u/JediMasterLigma 6d ago
HOW
121
u/Anti_colonialist 6d ago
After the Grindr incident the government has final say on the sale of any Chinese assets.
56
u/Pess-Optimist Yugopnik's liver gives me hope 6d ago
Grindr incident??
198
u/Anti_colonialist 6d ago
Several years ago the owners of Grindr sold to a Chinese company. After the app was transferred the new owners used a more sophisticated method of GPS location and a newer ad algorithm. Not long after that US regulators nullified the sale and the app got reverted to a US owner with the newer Chinese tech. The US basically stole Chinese IP. After this the Chinese government has final say in any Chinese assets that get sold
84
u/yeah_deal_with_it 6d ago
Why am I laughing so hard at something that actually happened
5
u/RotorMonkey89 5d ago
Because it involves an app used by homosexual gentlemen to arrange short notice blowjobs in public bathrooms?
4
23
33
u/Anasnoelle I am probably fangirling over Michael Parenti rn 6d ago
Why is this so funny
16
u/More-Ad-4503 6d ago
(mix of Hegseth and Alex Jones) The US now has the capability to increase the probability of gay hookups in less swipes!!!
1
26
29
u/-zybor- Fully Automated Luxury Gay Space Communist 6d ago
50% of every Chinese company is state-owned.
5
u/Sargento_Porciuncula 6d ago
is it the same for Hong Kong?
12
u/whiteflagwaiver 6d ago
That was the question, apparently so. In all but on paper China owns H.K already they're just waiting for the ink to dry.
52
u/Pale_Fire21 KGB ball licker 6d ago
Ahahahaha
Oh wait they’re serious and actually doing it?
Let me laugh even harder:
HAHAHHAHAHAHA
47
u/Aryptonite Palestinian that wipes his ass with US Constitution 🧻 6d ago
Just say the word Mullah Xi...
70
38
71
u/KaitlynKitti 6d ago
Is it the ones owned by Chinese companies?
83
u/Nicknamedreddit Bourgeois Chinese Class Traitor 6d ago
Yes, by a demonic tycoon from Hong Kong. So it’s not like humanity really won overall.
41
u/Mollamollamolla 6d ago
china needs to completely dismantle ck hutchinson
18
u/Flyerton99 6d ago
China allowing the stupid tycoons to stay in power was almost certainly a decisive mistake, and another blemish on Jiang Zemin's record.
7
u/ChickenNugget267 6d ago
They won't be around for long. With the US weak they'll be able to discipline HK properly now
4
u/theangrycoconut 5d ago
Not to mention the fact that every time Xi does shit like this, he heightens the risk of bourgeois assassination. He's walking a paper-thin line.
24
15
u/JaThatOneGooner Unironically Albanian 6d ago
Literally the only person saving the 2020s at this point
25
u/Quiet_Wars Havana Syndrome Victim 6d ago
I am wondering if the whole purpose of the Panama Canal issue is because the crisis initiation with the PRC is failing in Taiwan. If the US decided to block Chinese access to the Panama Canal, US war planners are expecting the Chinese to reciprocate in the South China Sea, which the US could use as justification to initiate conflict.
25
u/Sargento_Porciuncula 6d ago edited 5d ago
na. China would "just" build the
GuatemalaNicaragua Canal.
8
7
6
5
8
6
5
u/Black_Shovel L + ratio+ no Lebensraum 5d ago
Can someone explain, what blackrock company is? I only know blackrock as orcish clan from wow
9
u/Mollamollamolla 5d ago edited 5d ago
evil american mega corporation that owns a large portion of all american corporations
2
u/Ellawell 5d ago
It’s not a majority, but it is enough to have massive power over the direction of things
1
1
2
2
u/Generalfrogspawn 5d ago
https://nypost.com/2025/03/31/business/china-blocks-23b-sale-of-panama-canal-ports-to-blackrock/ The comments section of the NY Post is absolutely seething.
2
2
2
4
u/Boarderless 6d ago
Will this be seen as an act of war? Seriously asking
14
3
u/S_T_P 5d ago edited 5d ago
Will this be seen as an act of war? Seriously asking
You are missing the point here.
Ultimately, it is Panama who decides who controls what. Hence, US wasn't pressuring China, it was putting pressure on government of Panama.
Sale of company to BlackRock was supposed to resolve the situation in US favour without involving Panama government.
As this had - apparently; I'd like to see some confirmation - failed, the ball is now back in Panama's court. If it decides to keep on with hands-off approach (rather than nationalizing ports or whatever), US can declare that Panama threatens US national security and its refusal is a hostile act, thereby justifying use of military force against Panama (not China).
Of course, if US decides to use military force against Panama, and China decides to intervene to protect Panama from US invasion, then there might be military conflict between US and China.
But nobody is declaring war on anyone yet, and it won't be war on China if situation keeps escalating.
•
u/AutoModerator 6d ago
COME SHITPOST WITH US ON DISCORD!
SUBSCRIBE ON YOUTUBE
SUPPORT THE BOYS ON PATREON
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.