In this video, Patrick Bet-David explains the enormous $200+ billion business of the American prison system.
According to Statista, the United States has the most prisoners of any country in the world, at 1.7 million. China is at a close second, with 1.69 million.
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The largest holder of private prisons in the US, the GEO Group, counts investment management firm BlackRock as its biggest investor.
BlackRock also has major stakes in all the record labels that produce hip-hop music, as Ice Cube has pointed out.
Watch the full video to see how Patrick untangles all the connections between America’s prisons and the largest global banks.
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