Doulosiesou
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- Jan 1, 2018
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I found this image a long time ago but it's still applicable today, it shows how the capital markets have become completely out of whack with the real economy, this is caused by unsecured lending by banks, and by deficit spending by governments.
So that blue line is like the real economy, then the black line is financial engineering which makes CEOs very wealthy and pensioners feel wealthy but they aren't because the red line is what will eventually happen.
So that blue line is like the real economy, then the black line is financial engineering which makes CEOs very wealthy and pensioners feel wealthy but they aren't because the red line is what will eventually happen.
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