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To: axial who wrote (101785)9/9/2009 8:26:48 PM
From: studdog  Respond to of 116555
 
Nice post.
<<<This allows their users to foresee when finance’s relation to the real economy turns from supportive to extractive, and when a breaking point will be reached.>>>

This lovely quote tees up an understanding of the last 20 years or more. Finance has been extractive to the real economy and not supportive. This is why each dollar of debt does so little to enhance productivity any more. There are too many leeches extracting the life blood of the economy.