>A small number of extremely wealthy people, descendants of wealthy families in Europe and the U.S, own a major part of the material wealth of the world. This power is concentrated in London which is the centre of the world banking system. The control they exercise is kept within the original families and passed down from generation to generation. They are highly organised, operating in secret through a web of 'private' organisations.
This group is known as the Global Elite.
Their wealth is accumulating on a compound basis. They determine the course of history, through virtual control of the world economy.
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