A super healthy debate on future growth of banking sector and financialisation of savings theme with two market veterans!
ManishChokhani Raamdeo Agrawal
Triegaardt & Co Peter Strachan in 1970s, it was nearly 30% of GDP, we replaced it with financialisation and massive subsidies to parasitic FIRE sector
cdn.aigroup.com.au/Economic_Indic…
🧙 MFW 🧙 A multiple decades long embrace of Neo liberalist thought has degraded & devalued much of great importance to a stable, considerate & truly functional society!
#Lobbying #Greed #Auspol #Murdoch #Housing #Financialisation #WealthGap #WealthTax #RentierCapitalism #Usury
Prof. Steve Austin repurpose the economy from financialisation bullshit to needs driven. all our energy should be going into physical adaptation & new systems thinking/planning/implementing. 'war footing'.
The research of this study, 'From Crisis to Cataclysm: Housing Financialisation and the EU,' will help in the work towards finding an alternative to capitalism.
For Left MEP Clare Daly, “the struggle of housing is international, but this is a basic human need”
First off let's understand why we are so bullish on this industry!
The #StockMarket and related industries are growing rapidly on the back of factors like
✅Financialisation of savings
✅Increasing per capita income
✅Ease of #investing
✅Overall rise in economy
So, let's see…