this post was submitted on 28 Feb 2025
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fuck BlackRock and Merz with it!
Vanguard and State Street too. All three together run the US, thanks to Reagan’s privatization of retirement accounts.
TBH I've got nothing against them. They might own like 3% of everything but they've got full control of nothing. Where there is capital to be made, merchants will come.
If people would just vote for regulation and restrictions on real estate investment the problem would disappear.