Courtesy of Susanne Posel at Occupy Corporatism.

The Swiss Federal Institute (SFI) in Zurich released a study entitled “The Network of Global Corporate Control” that proves a small consortiums of corporations – mainly banks – run the world. A mere 147 corporations which form a “super entity” have control 40% of the world’s wealth; which is the real economy. These mega-corporations are at the center of the global economy. The banks found to be most influential include:

• Barclays
• Goldman Sachs
• JPMorgan Chase & Co
• Vanguard Group
• Deutsche Bank
• Bank of New York Melon Corp
• Morgan Stanley
• Bank of America Corp
• Société Générale

However as the connections to the controlling groups are networked throughout the world, they become the catalyst for global financial collapse.
James Glattfelder, complex systems theorist at the SFI explains: “In effect, less than one per cent of the companies were able to control 40 per cent of the entire network.”

Keep reading here.

As I’ve written before, I have been looking for an escape destination for the the last few years.  Perhaps I should start giving the BRICs closer consideration.  However, Iceland is still tops on my list.

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