Member-only story

How the Financial Markets Abandoned the Real Economy Forever

Kyle Powell

·11.5k Followers· Follow

Published in Permanent Distortion: How The Financial Markets Abandoned The Real Economy Forever

3 min read

115 View Claps

8 Respond

Save

Listen

By [Author's Name]

The financial markets have become increasingly disconnected from the real economy over the past few decades. This disconnect has led to a number of serious problems, including the 2008 financial crisis and the ongoing global economic slowdown. In his new book, [Author's Name] explores the causes and consequences of this disconnect and offers solutions for how we can reconnect the two.

Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever

by Nomi Prins

4.4 out of 5

Language	:	English
File size	:	1216 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Print length	:	352 pages

[Author's Name] argues that the financial markets have become too focused on short-term profits and have lost sight of their original purpose, which is to serve the real economy. This has led to a number of perverse incentives, such as the securitization of subprime mortgages, which contributed to the 2008 financial crisis. In addition, the financial markets have become increasingly complex and opaque, making it difficult for investors to understand the risks they are taking.

The disconnect between the financial markets and the real economy has had a number of negative consequences. One of the most significant is that it has made it more difficult for businesses to access capital to invest in new projects. This has led to a slowdown in economic growth and has made it more difficult for businesses to create jobs.

[Author's Name] offers a number of solutions for how we can reconnect the financial markets and the real economy. One of his proposals is to create a new type of financial institution that would be focused on long-term investment. He also calls for greater regulation of the financial markets and for more transparency in financial reporting.

If we do not take action to reconnect the financial markets and the real economy, we will continue to experience the negative consequences that have resulted from their disconnect. [Author's Name]'s book is a timely and important contribution to the debate about how we can create a more sustainable and equitable global economy.

About the Author

[Author's Name] is a leading expert on the financial markets and the global economy. He is the author of several books, including [Book Title] and [Book Title]. He is also a regular contributor to The Financial Times, The Wall Street Journal, and other leading publications.