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The Economy Has Fundamentally Changed in the 21st Century–and Not for the Better – Charles Hugh Smith (05/17/2019)

Mai 17th, 2019 | By brinvest | Category: WallStreetWindow

The net result is we have an economy that’s supposedly expanding smartly while our well-being and financial security are collapsing. Gross Domestic Product (GDP) and other metrics of economic activity don’t measure either broad-based prosperity or well-being. Elites skimming financialization profits by expanding corporate debt and issuing more loans to commoners while spending more on their…

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