TV News LIES

Sunday, Nov 01st

Last update09:29:55 PM GMT

You are here News Economy Does one 'super-corporation' run the global economy? Study claims it could be terrifyingly unstable

Does one 'super-corporation' run the global economy? Study claims it could be terrifyingly unstable

E-mail Print PDF

A University of Zurich study 'proves' that a small group of companies - mainly banks - wields huge power over the global economy.

The study is the first to look at all 43,060 transnational corporations and the web of ownership between them - and created a 'map' of 1,318 companies at the heart of the global economy.

The study found that 147 companies formed a 'super entity' within this, controlling 40 per cent of its  wealth. All own part or all of one another. Most are banks - the top 20 includes Barclays and Goldman Sachs. But the close connections mean that the network could be vulnerable to collapse.

TVNL Comment: Meet the real government.

More...


Most Recent Related Stories...


Canada unveils $20B in tariffs to match US duties 'dollar for dollar'

Canada retaliatesCanada announced retaliatory tariffs on $20 billion worth of U.S. imports, aiming to match President Donald...

US unexpectedly lost 23,000 jobs in July as slump in growth continues

US job report - minus 23,000US employers unexpectedly lost 23,000 jobs in July and gains for the previous two months were...

Trump’s media company, which also owns Truth Social, reports $238m loss

Trump's Truth Social takes a hitDonald Trump’s media company – which owns the Truth Social platform favored by the US president...

Let them eat SUVs: Trump White House orders fleet of luxury cars as Americans struggle

Trump buys fleet of luxury carsGas prices are up almost a dollar a gallon since the day Donald Trump took office;...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!