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Wallenberg Family Wealth built on WAR - BAD NEWS??? · Go News To Go: More Good News

• 0:04
  Speaker 1: What if I tell you that there is a secret
• 0:06
  Speaker 1: family that owns all of Europe, A family that is
• 0:09
  Speaker 1: so powerful that they control all the major banks, industrialists, politicians, bureaucrats, diplomats,
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  Speaker 1: and even military officials in Europe. In twenty twenty three,
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  Speaker 1: this family's networth was seven hundred billion dollars, which is
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  Speaker 1: far more than the combined networth of Elon Musk, Jeff Bezos,
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  Speaker 1: Bill Gates, Warren Buffett, Mukesh and Barney, and even Gortamdani.
• 0:28
  Speaker 1: From the White House to the World Economic Forum and
• 0:31
  Speaker 1: even the United Nations, this family's influence is everywhere. Despite
• 0:34
  Speaker 1: having so much wealth, power and influence, you might not
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  Speaker 1: even know their name. Even if you check Forbes's Top
• 0:40
  Speaker 1: Billionaire's list, you won't find the name of a single
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  Speaker 1: member of this family. And the reason is simple. This
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  Speaker 1: family doesn't want anyone to know about them. That's why
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  Speaker 1: you will never see them on TV, in magazines, or
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  Speaker 1: at any public conference. This is the Vallenberg family, Europe's
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  Speaker 1: most powerful and wealthiest family. But how did this family
• 0:57
  Speaker 1: become so rich and powerful? What's their secret and who
• 1:00
  Speaker 1: made them so powerful? Let's find the answers to all
• 1:02
  Speaker 1: these questions. In this video. In eighteen thirty seven, a
• 1:05
  Speaker 1: financial crisis struck America, known as the Panic of eighteen
• 1:09
  Speaker 1: thirty seven. It was the biggest financial crisis of the
• 1:12
  Speaker 1: nineteenth century. The real estate bubble busted, cotton prices collapsed,
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  Speaker 1: inflation skyrocketed, banks ran out of money, and businesses started
• 1:20
  Speaker 1: to fail, leading to peak unemployment levels. This entire crisis
• 1:24
  Speaker 1: was nothing less than a nightmare for American bankers at
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  Speaker 1: the time, but for a Swedish Navy officer, this crisis
• 1:29
  Speaker 1: was a huge lesson. The name of that navy officer
• 1:31
  Speaker 1: was Andre Oscar Vallenberg. When the financial crisis of eighteen
• 1:35
  Speaker 1: thirty seven hit, andre was in America working as a
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  Speaker 1: lieutenant in the Swedish Navy. He carefully watched the crisis
• 1:41
  Speaker 1: unfold and realized that it was caused by careless and
• 1:44
  Speaker 1: irresponsible American bankers. This taught Andrea an important lesson what
• 1:49
  Speaker 1: kind of mistakes banks should avoid. He also noticed that
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  Speaker 1: banks in his own country, Sweden, were missing out on
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  Speaker 1: a huge opportunity. At that time, Swedish banks were still
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  Speaker 1: working in an old fashioned way. Moving money from one
• 2:00
  Speaker 1: place to another was very difficult. Interest rates were extremely low,
• 2:03
  Speaker 1: and the biggest issue. Banks didn't give loans to individuals
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  Speaker 1: or businesses. Basically, banks were acting more like safes or
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  Speaker 1: storage lockers and real financial institutions. All of this was
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  Speaker 1: happening while Sweden was rapidly industrializing. Big companies were being built,
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  Speaker 1: the economy was growing fast, and new railroads were being laid.
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  Speaker 1: But because banks weren't giving out loans, they were losing
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  Speaker 1: out on all these chances. Banks are incredibly powerful institutions.
• 2:27
  Speaker 1: In fact, today America controls much of the world through
• 2:30
  Speaker 1: its banks, and this power comes from the way banks
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  Speaker 1: work their business model. So how exactly do banks make money?
• 2:36
  Speaker 1: Let me break it down in the simplest way. Banks
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  Speaker 1: take the money you deposit and then give it to
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  Speaker 1: someone else, maybe a person or a business as a loan.
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  Speaker 1: They charge interest on that loan, and that's where their
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  Speaker 1: profit comes from. Let's say there are two people, me
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  Speaker 1: and my friend Ali. I deposit one thousand rupees in
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  Speaker 1: a savings account and the bank gives me five percent
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  Speaker 1: interest on it. The bank then lends the same one
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  Speaker 1: thousand rupees to Ali, but charges him ten percent interest.
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  Speaker 1: So now the bank is earning five percent profit. The
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  Speaker 1: difference between what it pays me and what it earns
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  Speaker 1: from ali. That's just the basic idea of banking. But
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  Speaker 1: banks also invest your money in real estate, businesses and
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  Speaker 1: the stock market to earn even more profit. Still, they
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  Speaker 1: only give you that same five percent return. Back then,
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  Speaker 1: Swedish banks were offering very few loans and were mostly
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  Speaker 1: just places where people stored their money. Because of that,
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  Speaker 1: they were missing out on a huge chance to make profits.
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  Speaker 1: Andre Vallenberg saw that opportunity. In eighteen fifty six he
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  Speaker 1: opened his own bank in Stockholm, the capital of Sweden.
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  Speaker 1: He called it Stockholm's En skilled a Bank, or SEB
• 3:34
  Speaker 1: for short. Two hundred years ago, opening a bank wasn't
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  Speaker 1: as difficult as it is today. Now there are so
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  Speaker 1: many rules and capital requirements that a regular person can't
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  Speaker 1: even think about starting one. But in the eighteen hundreds,
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  Speaker 1: opening a bank was almost as easy as opening a
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  Speaker 1: jewelry shop. SEB was the first bank in Sweden to
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  Speaker 1: offer people the chance to earn interest on their savings.
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  Speaker 1: This was a totally new idea for most Swedes, who
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  Speaker 1: saw banks only as a place to keep their money safe,
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  Speaker 1: like a locker or a vault. But now people were
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  Speaker 1: earning profit on their savings. SEB became a huge hit.
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  Speaker 1: Crowds started lining up and people brought in their lifelong
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  Speaker 1: savings to deposit. At the same time, Sweden was going
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  Speaker 1: through an industrial boom, so many businessmen started coming to
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  Speaker 1: SEB asking for loans. Wallenberg, on one side, was collecting
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  Speaker 1: savings from everyday people. On the other he was giving
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  Speaker 1: those same savings as loans to big industrialists at high interest.
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  Speaker 1: In just a few years, SEB expanded all across Sweden.
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  Speaker 1: Almost everyone in the country was connected to SEB in
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  Speaker 1: some way. Either your money was in SEB, or you
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  Speaker 1: were paying off a loan from SEB, or you were
• 4:34
  Speaker 1: working at a company that took loans from SEB. In short,
• 4:37
  Speaker 1: SEB had control over the entire Swedish economy. But the
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  Speaker 1: Vallenberg family didn't stop there. They wanted more power and
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  Speaker 1: more money, so they thought, why not use this money
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  Speaker 1: to buy Sweden's biggest companies. That's when the vallenberg started
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  Speaker 1: investing in everything railways, factories, ports, newspapers, and real estate.
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  Speaker 1: There was barely an industry left in Sweden where the
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  Speaker 1: Vallenbergs didn't own shares. They now controlled Swedenden's money its
• 5:00
  Speaker 1: companies and even its people, and soon they were ready
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  Speaker 1: to expand beyond Sweden to Europe and eventually the whole world.
• 5:07
  Speaker 1: Seeing their growing power, the Swedish government stepped in. In
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  Speaker 1: nineteen sixteen, they passed a law banks could no longer
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  Speaker 1: own long term shares in companies. This was a big
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  Speaker 1: blow to the Wallenbergs, but they found a way out.
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  Speaker 1: They created a new company called investor AB, and they
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  Speaker 1: transferred all of Seb's company shares to this new firm.
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  Speaker 1: In just twenty years, investor Ab became so powerful that
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  Speaker 1: forty percent of all Swedes worked for companies it owned.
• 5:30
  Speaker 1: Then came World War II, and this is the part
• 5:32
  Speaker 1: you really need to listen to carefully. World War II
• 5:35
  Speaker 1: had two sides, the Allies Britain America, the Soviet Union
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  Speaker 1: France and the Axis Powers Germany, Italy, Japan. Both sides
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  Speaker 1: hated each other. They were so brainwashed that no one
• 5:45
  Speaker 1: was ready to talk, just to fight until the other
• 5:47
  Speaker 1: side was completely destroyed. Millions of people died, But while
• 5:50
  Speaker 1: the world was burning, the Vollenbergs were calculating which side
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  Speaker 1: will make us more profit, And just like the Rothschilds
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  Speaker 1: had done before, the Vollenbergs made deals with both sides.
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  Speaker 1: They gave huge loans to America and Britain and secretly
• 6:03
  Speaker 1: started buying shares in German weapons companies, making sure Germany's
• 6:07
  Speaker 1: weapons supply never ran out. This wasn't charity, it was
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  Speaker 1: all about profit. They signed secret deals with all three sides.
• 6:14
  Speaker 1: Germany promised SEB could open branches in Germany for free
• 6:17
  Speaker 1: after the war, and SEB would manage Germany's post war
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  Speaker 1: development funds. America and Britain also agreed to give SEB
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  Speaker 1: special privileges. Always remember this, a businessman never makes a
• 6:28
  Speaker 1: deal that brings loss and war. War is the biggest
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  Speaker 1: business in the world. It's an industry and the people
• 6:33
  Speaker 1: who run it don't want peace. In the Afghanistan War,
• 6:35
  Speaker 1: ten Americans became billionaires. In the Russia Ukraine War, Leaked
• 6:39
  Speaker 1: reports show the war is being dragged out because billions
• 6:42
  Speaker 1: are being made behind the scenes. If you think India
• 6:44
  Speaker 1: and Pakistan's tension is about religion or ideology, you're wrong.
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  Speaker 1: Both spend billions on defense. The people selling weapons to them.
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  Speaker 1: Do you think they want peace? Of course not. No
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  Speaker 1: war means no sales, and that's why people are fooled,
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  Speaker 1: turned into enemies. They're brainwashed through movies, news and school books. Meanwhile,
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  Speaker 1: the rich get richer and the poor stay poor. This
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  Speaker 1: is exactly what the Vallenbergs did in World War Two,
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  Speaker 1: and they're still doing it today. In twenty fourteen, when
• 7:08
  Speaker 1: Russia attacked Ukraine and Europe placed heavy sanctions, two Wollenberg
• 7:12
  Speaker 1: owned companies, Atlas Kopco and SKF, still sold Russia equipment
• 7:17
  Speaker 1: for its nuclear programs. Now, you might ask, most rich
• 7:20
  Speaker 1: families don't last more than three generations, so how is
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  Speaker 1: the Vallenberg family still powerful after one hundred years. They
• 7:26
  Speaker 1: found a solution. Instead of giving all the money to
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  Speaker 1: one or two heirs, they placed their wealth into a
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  Speaker 1: family foundation. This foundation is managed by different family members.
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  Speaker 1: Each one runs a different company. That way, no single
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  Speaker 1: person can ruin the whole empire. Another rule they follow.
• 7:40
  Speaker 1: If a family member is given a company to manage,
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  Speaker 1: they first have to work at lower levels for eight
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  Speaker 1: to ten years. They must prove they understand the business
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  Speaker 1: before taking charge. This is what made the Wollomberg's last.
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  Speaker 1: This is what the Vanderbilt family failed to do. The
• 7:53
  Speaker 1: Vanderbilts were the richest family in the world in the
• 7:56
  Speaker 1: eighteen hundreds. Today, no one even hears their name. In
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  Speaker 1: nineteen seventy three, when Vanderbilt family had a reunion, not
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  Speaker 1: a single person there was a millionaire. Wealth power money.
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  Speaker 1: These are dangerous things. In this video we showed you
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  Speaker 1: just a few examples. History has proved one thing. Humans
• 8:10
  Speaker 1: are selfish, so selfish that if they can profit from
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  Speaker 1: someone's death, they won't stop. If you like this video,
• 8:16
  Speaker 1: make sure to like and subscribe and tell us what
• 8:18
  Speaker 1: you think in the comments. Here are all the sources
• 8:20
  Speaker 1: we consulted for this video. See you in the next
• 8:22
  Speaker 1: video with another interesting topic. Take