Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
The issue outlined (loosely) in the article is that debt is used for buybacks, buybacks are used to raise share price, and a rising share price is used to promote market activity when really, it's government funds inflating share price without increasing productivity, employment or innovation. Somewhere around here I got a link demonstrating that 38% of the value in markets right now is governmental cash infusions. Take out the infusions, take out the market.