The hottest Financialization Substack posts right now

De-dollarization is a shift away from the US dollar system towards a new economic system based on reducing imbalances and promoting balanced economic growth.
The current crisis in the dollar system is exposing vulnerabilities, such as declining capital inflows and the need for central bank intervention to prop up asset markets.
The future economic system may involve a mixed public-private economy, government intervention in strategic sectors, and capital controls to prevent financialization and promote productive expansion.

The evolution of mortgage-backed securities has significantly impacted the US housing market and the global financial system.
The government guarantee on mortgages and the rise of MBS have reshaped the financial landscape, creating new layers of transactions and financial products.
The financialization of the housing market has implications for social capital and civic engagement, affecting how Americans interact with each other and their communities.

The debt crisis in the Global South is growing, requiring forgiveness and system change.
Past debt crises in the 1980s had significant impacts, leading to lost decades of development.
The current crisis is influenced by short-term financial perspectives, global commodity markets, and ecological destruction.

The economy in the West is backed by imaginary assets like derivatives that can crash the economy if their true value is revealed.
Banks create money out of thin air through loans backed by these imaginary assets, causing inflation and instability.
The Anglosaxon-controlled Western economy must address its financial problems, regulate finance, and rebuild the economy on real-world connections to prepare for future challenges like AI and geopolitical shifts.

GP Stakes investing is a late-cycle phenomenon that uses structures to enhance private equity outcomes.
Financial transactions are often abstractions used for hedging, speculating, or leveraging capital.
Private equity has evolved to create exotic forms of leverage and financial assets, impacting capital allocation.

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The capitalist crisis is linked to a drop in capital productivity, which can indicate an unhealthy capitalist system due to factors like inequality affecting demand and economic output.
High levels of inequality can lead to a shortage of demand, causing a decline in capital productivity and contributing to a capitalist crisis.
Financialization of the economy and the shift from stakeholder capitalism to shareholder primacy culture can impact business investment decisions, distribution of profits, and even wage disparities in the financial sector.