How The Financial Markets Abandoned The Real Economy Forever

The financial markets have abandoned the real economy forever.

Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever

by Nomi Prins

4.4 out of 5

Language	:	English
File size	:	1216 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Print length	:	352 pages

FREE

This is a major problem because the financial markets are supposed to serve the real economy. They are supposed to provide capital for businesses to invest in new equipment and hire new workers. They are also supposed to provide a way for people to save for retirement.

But the financial markets have become so disconnected from the real economy that they are no longer able to perform these functions.

The Rise of Wall Street

The financial markets have been growing in size and importance for decades. This growth has been driven by a number of factors, including:

• The rise of global trade
• The development of new financial instruments
• The deregulation of the financial industry

The growth of the financial markets has led to a number of problems, including:

• Increased volatility
• Greater risk
• Less stability

The financial markets have become so large and complex that they are now a major source of risk to the global economy.

The Decline of Main Street

The financial markets have abandoned the real economy because they are no longer interested in serving the needs of businesses and consumers.

Instead, the financial markets are focused on making money for themselves.

This is a major problem because it means that the real economy is no longer getting the capital it needs to grow and create jobs.

The decline of Main Street has led to a number of problems, including:

• Slow economic growth
• High unemployment
• Rising inequality

The decline of Main Street is a major threat to the American economy.

The Future of the Financial Markets

The future of the financial markets is uncertain.

Some experts believe that the financial markets will continue to grow and become even more disconnected from the real economy.

Others believe that the financial markets will eventually collapse, causing a major economic crisis.

It is impossible to know for sure what will happen to the financial markets.

But it is clear that the financial markets have abandoned the real economy, and this is a major problem.

What Can Be Done?

There are a number of things that can be done to address the problem of the financial markets abandoning the real economy.

One is to regulate the financial industry more strictly.

Another is to provide more support for businesses and consumers.

It is also important to educate people about the risks of investing in the financial markets.

By taking these steps, we can help to ensure that the financial markets serve the real economy, and not the other way around.

Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever

by Nomi Prins

4.4 out of 5

Language	:	English
File size	:	1216 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Print length	:	352 pages

FREE