Geopolitics
BlackRock Positioned to Control Ukraine Reconstruction Amid $600 Billion Rebuilding Effort
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This is Putin’s End Game Moment: A Massive Devastating War or Peace | Redacted w Clayton Morris
"BlackRock may not become Ukraine's biggest creditor, but it could become something even more important, one of the financial institutions deciding who gets access to Ukraine's reconstruction money, its infrastructure, its energy system, its natural resources. The IMF, the World Bank, they may hold all the debt, but BlackRock is going to help decide where all of that money goes and who profits from the rebuilding of that country."
The World Bank, European Commission, and UN estimate Ukraine's reconstruction will cost nearly $600 billion over the next decade, with BlackRock positioned to determine contract allocation for infrastructure, energy, and natural resources. The narrator claims BlackRock met with Zelensky years ago to plan this arrangement, and that Ukraine's public debt already exceeds $200 billion, meaning creditors will effectively control the country's economy post-war.
From this episode
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