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Financilization of the economy, is when the finance sector(real estate,stock market,banks,insurance) grows faster than all other sectors of the economy. Cycle e
by jlb77 2y ago
Financilization of the economy, is when the finance sector(real estate,stock market,banks,insurance) grows faster than all other sectors of the economy. Cycle ends in 2 ways valuations reset after a bust or debt is written off after a bust.
That said what happens at the scale of the economy is like talking about an ocean. What an individual fish does is upto the fish.