New Report Reveals Relationship Between Rapid Growth of the Financial Sector and the Weak Real Economy | Common Dreams

You mean selling worthless made-up pieces of crap is not helping the economy???

NEW YORK – December 5 – Published today, a new report from national policy center Demos reveals a surprising and important relationship between the rapid growth of the financial sector and the weak economy: Wall Street’s share of GDP has jumped dramatically since deregulation commenced in 1980 and, at the same time, it has become less and less efficient at its true utility – serving as a pipeline funneling capital from investors to productive businesses in the Real Economy.

via New Report Reveals Relationship Between Rapid Growth of the Financial Sector and the Weak Real Economy | Common Dreams.

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