/biz/ - Business & Finance

>>15113558

>>15095369

Money should not be treated as a productive instrument, only as a measuring stick for the value of goods and services, for it is those that are the REAL economy. Wallstreet produces literally nothing (not even returns beating the indexes, unless you are very lucky) yet they are like 20% of the economy, maybe more if we consider all the manipulations of the fed combined with the financial engineering of wallstreet to facilitate massively over-leveraged corporate and govt sectors, and the influence of their money effectively giving them rule of law. Mark my words, SP, Moody's and Fitch are being very generous with their corporate bond ratings; we know they are over levered, but measured by debt ratios alone it's actually much worse. Yield curve deniers beware, this thing could burst literally any moment.