✨🎆🔐🌠 ₵Ɏ฿ɆⱤ ₵Ɏ₱ⱧɆⱤ ✨🎆🔐🌠 (@lucrum-sanguinem)

𝗧𝗵𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗶𝘀 𝗮 𝗴𝗿𝗶𝗳𝘁. 𝗟𝗲𝘁’𝘀 𝘀𝘁𝗮𝗿𝘁 𝘁𝗿𝗲𝗮𝘁𝗶𝗻𝗴 𝗶𝘁 𝘁𝗵𝗮𝘁 𝘄𝗮𝘆! It’s bonus season on #WallStreet, and a record-setting 2025 is yielding bigger paychecks than ever for America’s investment bankers, thanks to their hard work doing, well, what exactly? Answering that question is surprisingly difficult and helps to explain many of the nation’s most serious economic and social problems. It all starts, like so many of life’s puzzles, with #MaryPoppins. #GoldmanSachs rarely invests in anything at all. Less than 10 percent of Goldman’s work in 2024, measured by revenue, was helping businesses raise capital. Loans of Goldman’s own funds to operating businesses accounted for less than 2 percent of its assets. At #JPMorganChase the figures were 4 and 5 percent; at #MorganStanley, 7 and 2 percent. Even the efforts at helping to raise capital are misleading, because less than a tenth of it goes toward building anything new. These are symptoms of financialization. That’s the term for making financial markets and transactions ends unto themselves, disconnected from — and often at the expense of — the societal benefits that support human flourishing and are capitalism’s proper purpose. Chief among those benefits are good jobs that support families, and products and services that improve people’s lives. In a financialized economy, businesses become mere sources of cash. https://www.sltrib.com/opinion/commentary/2026/02/07/opinion-finance-industry-is-grift/