Oct 16, 2015

David Stockman: Why We Are Plagued With Drivel Masquerading As Financial Reporting | Zero Hedge

Submitted by David Stockman via Contra Corner blog, Bubbleberg News LP: Why We Are Plagued With Drivel Masquerading As Financial Reporting One of the evils of massive over-financialization is that it enables Wall Street to scalp vast “rents” from the Main Street economy. These zero sum extractions not only bloat the paper wealth of the 1% but also fund a parasitic bubble finance infrastructure...

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