A new video released by O’Keefe Media Group on Tuesday showed BlackRock Recruiter Serge Varlay declaring that “Ukraine is good for business.”
When asked by an undercover OMG journalist about his thoughts on the Ukraine-Russia war, Varlay said the conflict is “good for business,” adding as an example, “Russia blows up Ukraine’s grain silos. The price of wheat’s gonna go mad up.”
“So what are you gonna do if you’re a trading firm? The moment that news hits, within a millisecond, you’re going to pump trades into whoever the wheat suppliers are. Into their stocks. Within an hour or two that stick goes f*cking up and then you sell and you just make, I don’t know, however many mil.”
“The Ukrainian economy is tied very largely to the wheat market, global wheat market, prices of bread, you know, literally everything goes up and down. This is fantastic if you’re trading.
video credit O’keefe Media Group
“Volatility creates opportunity to make profit. War is real f*cking good for business,” Varlay said, adding that “it’s exciting when sh*t goes wrong.”
Varlay described himself as a person who “decide[s] people’s fates.”
“Every f*cking day, I literally decide how somebody’s life is going to be shaped,” Varlay said, later adding “I’m not actually a finance guy, I just know what happens because I’m recruiting people who do these things.”
Varlay described to the undercover journalist the ease at which someone could buy a politician, stating “It’s not through who the president is. It’s through who’s controlling the wallet of the president.”
When asked who’s controlling the president’s wallet, Varlay responded, “the hedge funds, BlackRock, the banks. These guys run the world.”
Meanwhile, BlackRock will coordinate investment in rebuilding Ukraine’s economy, Kyiv announced on Wednesday. Following a meeting between President Volodymyr Zelenskyy and BlackRock CEO Larry Fink, the government confirmed that the Wall Street titan agreed to coordinate “the efforts of all
potential investors and participants in the reconstruction of our country.” As a result of the agreement, BlackRock will channel capital into multiple sectors of the Eastern European country’s economy.
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