OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

I tried to explain this to my friends since the early 90s-“financialisation” is a new world-wide industry

Posted by Richard640 @ 13:48 on December 2, 2017  

[just as big and just as important as heavy industry was in the 1870s-so get used to it-it’s a new age–and there will be booms and busts]

FROM ZH TODAY=

The long rise of the ultra-wealthy is not some mystery.  It arose as a predictable consequence of the financialization of, well…everything that began in the 1980’s:

US Wealth Inequality chart

The above chart speaks to a deeply unfair system that punishes hard working people in order to give more to those who merely shuffle financial instruments around or own financial assets.

http://www.zerohedge.com/news/2017-12-02/youre-just-not-prepared-whats-coming

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.