The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
Could feed the world for a hundred years for the amount of money traded in the various markets in one day. She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
"Hoarding" is an elastic term, and perhaps not the best way to put it. In my view, current government policy across the First World privileges debt over equity, the FIRE economy over the Real World© Economy and has done so for decades. And, across the First World, we can see where this leads: micro- and meso-economic insanity.
There's no way a firm actually making actual goods and/or services can approach the Return on Investment routinely made in the FIRE sector. Financial firms, using the privileging of debt, can leverage their equity capital by hundreds of percent so they are, literally, making over 100% ROI per annum. They can do that by "hoarding" - playing the futures, options, CMO, CDO, & so on markets - rather than investing in the less profitable business loan and business development. She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by gmoke - Nov 28
by gmoke - Nov 12 7 comments
by Oui - Nov 2830 comments
by Oui - Nov 278 comments
by Oui - Nov 2511 comments
by Oui - Nov 24
by Oui - Nov 22
by Oui - Nov 2119 comments
by Oui - Nov 1615 comments
by Oui - Nov 154 comments
by Oui - Nov 1319 comments
by Oui - Nov 1224 comments
by gmoke - Nov 127 comments
by Oui - Nov 1114 comments
by Oui - Nov 10
by Oui - Nov 928 comments
by Oui - Nov 8
by Oui - Nov 73 comments
by Oui - Nov 633 comments
by Oui - Nov 522 comments