Housing Crash coming soon to a city near you anons. Blackrock is losing $100m daily due to the Russian-Ukrainian war. They’re gonna have to start shedding assets and the easiest way for them to do that right now is selling off all the houses and apartments they have
HAHAHAHAHAHAHAHAHA
Logan Williams
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Evan Parker
$17B is a drop in the bucket. These fucks have at least $300T worth.
Nathan Rogers
Your naïveté is only surpassed by your childlike optimism.
Gabriel Watson
>amp.ft.com
>BlackRock, the world’s largest asset manager, has taken about $17bn in losses on its Russian securities holdings because of the attack on Ukraine.
>Clients held more than $18.2bn in Russian assets at the end of January, the firm said, but shuttered markets and worldwide sanctions imposed after Russian president Vladimir Putin invaded Ukraine have made the vast majority unsaleable, leading BlackRock to mark them down sharply.
Jaxon Watson
/thread
Juan Taylor
blackrock is the fourth branch of the government, they'll receive a fed injection and be fine
Jace Nelson
Nah, reminder that's just because of Ukraine invasion, imagine what will happen in WW3.
Grayson Brooks
blackrock has an unfathomable amount of money and this does not matter
Nathaniel Foster
Seethe kikes. Your retirement plans are being wiped out as we speak. You’ll be working til you’re 80 Mr. Goldstein
Chase Turner
Good, fuck Blackrock. I hope they all suffer and we see whole departments hanging themselves from street lamps.
Jordan Murphy
This. BlackRock isn’t the fourth branch of Government any more. BlackRock owns the Democratic Party. It’s barely even a secret any more.
Jace Campbell
HOLY SHIT. WE ARE IN A GREAT RECESSION BEHIND THE SCENES
Alexander Sanders
> Blackrock was betting the other side of the war outcome
This is how you know this entire war was supposed to be fake.
Robert Ross
Sell them to who?
Julian Gray
>17 bn
This is nothing to BlackRock, especially because it is not their money they lost.
Christian Butler
>Housing Crash coming soon to a city near you anons
Unfortunately I doubt that'll happen, they have assets in the range of $150 billion, this is a major hit (almost a years worth of revenue down the toilet) but not one significant enough to require them to liquidate local assets on that scale.
That's a great question. It would probably be great for Russia if they could buy the securities back at a heavily discounted rate but the sanctions would almost certainly prevent them from doing that. So I suspect they will do it but in some underhanded way using massive number of shell companies and try and claim they didn't know they were actually selling them back to Russia if they were caught. Other than that basically their only option is to hold them and hope the sanctions will go away and their value won't tank further in the mean time. A very dangerous bet indeed.
Chase Russell
you dumb
Isaiah King
finally... some good news
Dominic Gonzalez
>Goyim think we lost on this
>Why don’t they try harder
>Are we alone in the universe
the struggles of a Jew
Hudson Roberts
I'm a mail carrier in a major city and about half of my delivery points are either vacant or used as an AirBNB. I imagine most others are rentals. Everybody is sitting on property as an investment and it's fucking over everyone.
Adam Brown
>Blackrock loses on its Russian stock ETFs
>this means they will sell off their American real estate
are you, by some chance, mentally retarded?
Benjamin Barnes
They will NEVER sell a single property.
Christian Sanders
It's so easy to keep a dumb goy happy.
Chase Mitchell
The fuckers bought a whole bunch of real estate in the Netherlands, driving up prices. I hope they all end up homeless.
Nolan Garcia
>$150 billion
no this is nothing