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.
"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."
Varlay said these banks run the world because "you acquire stuff. You diversify, you acquire, you keep acquiring. You spend whatever you make in acquiring more. And at a certain point, your risk level is super low. Imagine you’ve invested in 10 different industries, from food to drinks to technology. If one of them fails it doesn’t matter, you have nine others to back you up."
Varlay said that once "you own a little bit of everything… you can take this big f*ck-ton of money and then you can start to buy people."
Speaking on buying people, Varlay said the first tier are the senators, which he called "f*cking cheap."
"You got 10 grand? You can buy a senator. It doesn’t matter who wins. They’re in my pocket at this point."
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