Economia
Banks Are Obsolete: The Entire Parasitic Sector Can Be Eliminated (February 20, 2014)
What else can we do with the $1.25 trillion we'll save by eliminating these obsolete financial middleman parasites? A lot.
Technology has leapfrogged the banking sector, rendering it as obsolete as buggy whips. So why are we devoting 9% of our economy to an obsolete parasite? Financial sector profits now total a staggering 4.5% of GDP (gross domestic product), while the expenses generated by financial churning account for another 4.5% of the economy.
Mais
- Tecnologia Cria Emprega
Technology has created more jobs than it has destroyed, says 140 years of data Study of census results in England and Wales since 1871 finds rise of machines has been a job creator rather than making working humans obsolete Mais ...
- Advertência Quando Se Fala Na Próxima Vez Sobre "desregulamento" Do Setor Financeiro
O sistema financeiro é entre os setores mais severamente regulados da economia "The financial system is among the most heavily regulated sectors of the economy." Frederick Mishkin: "The Economics of Money, Banking & Financial Markets"....
- Quantitative Easing
Chinese Vice Finance Minister Zhu Guangyao said the U.S. Federal Reserve’s decision to pump $600 billion into the economy might “shock” emerging markets by flooding them with capital. The first round of quantitative easing, as the Fed policy is...
- Meltdown
Ben Bernanke: "Virtually every large financial firm in the world was in significant danger of going bankrupt. And we knew — and I knew — based on my experience as a policymaker, I knew that if the global financial system were to collapse, in the...
- Eu Desemprego
WASHINGTON – The unemployment rate rose to 9.7 percent in August, the highest since June 1983, as employers eliminated a net total of 216,000 jobs. Analysts expect businesses will be reluctant to hire until they are convinced the economy is on a firm...
Economia
Os bancos são absoletos
What else can we do with the $1.25 trillion we'll save by eliminating these obsolete financial middleman parasites? A lot.
Technology has leapfrogged the banking sector, rendering it as obsolete as buggy whips. So why are we devoting 9% of our economy to an obsolete parasite? Financial sector profits now total a staggering 4.5% of GDP (gross domestic product), while the expenses generated by financial churning account for another 4.5% of the economy.
Mais
loading...
- Tecnologia Cria Emprega
Technology has created more jobs than it has destroyed, says 140 years of data Study of census results in England and Wales since 1871 finds rise of machines has been a job creator rather than making working humans obsolete Mais ...
- Advertência Quando Se Fala Na Próxima Vez Sobre "desregulamento" Do Setor Financeiro
O sistema financeiro é entre os setores mais severamente regulados da economia "The financial system is among the most heavily regulated sectors of the economy." Frederick Mishkin: "The Economics of Money, Banking & Financial Markets"....
- Quantitative Easing
Chinese Vice Finance Minister Zhu Guangyao said the U.S. Federal Reserve’s decision to pump $600 billion into the economy might “shock” emerging markets by flooding them with capital. The first round of quantitative easing, as the Fed policy is...
- Meltdown
Ben Bernanke: "Virtually every large financial firm in the world was in significant danger of going bankrupt. And we knew — and I knew — based on my experience as a policymaker, I knew that if the global financial system were to collapse, in the...
- Eu Desemprego
WASHINGTON – The unemployment rate rose to 9.7 percent in August, the highest since June 1983, as employers eliminated a net total of 216,000 jobs. Analysts expect businesses will be reluctant to hire until they are convinced the economy is on a firm...