City of London Dark Towers
Towering steep into the sky, narrowly built, gloomy, powerful, dangerous, emanating some dark energy.
They had started to be erected some 20 years ago, symbols of exponential power of money. Murky businesses are going on behind those glassy walls. Some led to the global financial crisis in 2008, dealing with - what Warren Buffet called - 'weapons of mass destruction' - derivatives and futures - tools in stock trading.
Through the power of money they forced technology to serve money grabbing purpose, using algorithms, Artificial Intelligence and 5G are able to run stock market transaction. Milliseconds are vital for their activities. Transferring money that the ordinary people cannot even and ever imagine.
In truth, they run not only the economy but politics too. It was all down to them to give the go ahead with Brexit as presented in the excellent the Spider Web documentary. As clearly suggested, British Empire still operates under cover of those glass and steel towers. It is said that much more is driven overseas, to the tax heavens that Britain did not allow to get rid off after she lost the control of the physical empire.
In another great documentary, the Corporation, the world businesses are explained as having a personality. Those universes seem to be inhibited by different kind of people, indeed. The landscape is barren of human emotions. Void of empathy.
Frightfully competitive, the corporations dictate how the world should look and operate. They are in league with each other. Tied down neatly and tight. They do not care about the world and people. Economy is their only interests, and the only interests that counts is interest rates and profits.
Profit before People
How sad. Rising above the patches of the old City, whelming the past. This has been the centre of power, world power for a couple of centuries now. Yet it is so powerful, they build over every square meter on this little Square Mile.
Is there any good in those Dark Towers of the City of London?
It gives the country the revenue.
If they would like to run a sustain business, they could. But they are not interested in clean Earth, sustainable development. Everything they do is unsustainable.
It is fascinating how other people operate. There is an enchanting beauty in those Saruman towers full of grisly stories.
Lloyd's of London building (above) is one of the most intriguing - both in terms of modern architecture and the structure of the company itself. It is not an insurance company per se. Lloyd's is a corporation governed by a specific Lloyd's Act 1871 and subsequent Acts of Parliament.
It spreads the risk of investments. It is a partially-mutualised marketplace within which multiple financial groups form syndicates - coming together to pool and spread risk. These underwriters, or "members", are a collection of corporations and individuals, the richest of the rich.