Everybody wants economic growth, but it appears that consumer borrowing can only finance so much growth. People need to actually have real incomes that they can spend on goods and services in order to have sustainable growth.
Reshared post from +Arianna Huffington
New study: "An outsized financial sector expansion can actually reduce economic growth…"
Are the big banks winning?
The big banks pay lip-service to the goals of Dodd-Frank — but they’re mounting bitter, rearguard actions in federal courts to block meaningful constraints and regulations on procedural and other gro…
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