> Another lesson that Americans have already learned is the peril of excessive financialization of the economy Don't mean to be blunt, but when did that happen

> Another lesson that Americans have already learned is the peril of excessive financialization of the economy Don't mean to be blunt, but when did that happen? How has a country where you can finance your burrito [1] "learned the perils of excessive financialization"? Also, a lot of this (especially the slower recovery after 2008) reads more as the perils of being the periphery of an empire vs being the core. [1] https://finance.yahoo.com/markets/stocks/articles/uber-technologies-apos-delivery-hero-153616827.html https://finance.yahoo.com/markets/stocks/articles/uber-techn...