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Yes.  That is a real word.        “Financialization” is a word used to describe the ongoing global transition from an “industrial” based economy — one where […]

Without money, consumers  cannot spend.       Well, no, that not completely accurate.    Both cash or credit work.   And whether the consumer is spending their cash […]

Hot air balloons and economies can both deflate.       And in both cases, while a small “loss of air” is no big deal, a large […]

This just in: My blog has been physically taken over and occupied by extremists. Oh, no, I’m mistaken:  That was the Senate.   Not my blog. But […]