Quote Originally Posted by catherine View Post
... TIME Magazine's cover story is one about how the markets are choking the economy. The author says that the rules of the free-market system have been warped through an increase in "financialization" and the stifling of business and innovation.
"Academic research shows that only a fraction of all the money washing around the financial markets these days actually makes it to Main Street businesses."

So I don't care if you're a dyed-in-the-wool free market capitalist or a Democratic socialist, you have to acknowledge that this is a marker of ill financial health. I'm not concerned about the tanned billionaires or the size of their yachts or any other part of their fiscal anatomies, but I am concerned about the stopped up plumbing of our economy.
+1 I've seen this in the MegaCorp. I work for, and it's amazing to watch the CEO be so terrified of what "the markets" are going to say about our quarterly numbers. The U.S. is a corpocracy and there are several thousand people on Wall Street who are managing the show - the rest of us only get to watch and wonder how to protect ourselves from the fallout.