Is the Everything Bubble About to Pop?

#interestrates #stockmarket #investing #debt

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Today we will be looking at financialization what have been the drivers of it and why financial engineering has been so key for the Everything Bubble.

We will reference The Price of Time by Edward Chancellor to look at why stock buybacks and low interest rates have been so important in perpetuating the Everything or Central Bank bubble.

CEO pay has skyrocketed 1,460% since 1978: https://www.epi.org/publication/ceo-pay-in-2021/