The result is“Financialization,” in which financial markets
and bankers play an ever larger role in people's lives.
By that measure, the Financialization trend of these seven currencies- in particular the
BRIC nations- looks unlikely to change.
Everything about our wages and our housing costs and Financialization and the safety net,
these are specific laws that have been passed.
Neoliberalism, globalization and Financialization only delayed the cataclysmic collapse by excessive Financialization
and at the same time made the collapse even more cataclysmic.
Financialization” of EME currencies:
For decades now, the increase in global forex turnover has been magnitudes higher than underlying growth in the global economy or worldwide trade.
On the other hand, the growth opportunity is huge, as Financialization is likely to continue
and AMC remain well positioned to garner a large share of the profits.