In US, UK, Ger, Jp debt-based finance is taxed at rates that are 3.8-6 % lower than those on equity investments @OECD
-> more indebtedness. Value of outstanding debt securities amounts to $123trn, exceeding the $106trn in listed equities globally.
economist.com/finance-and-ec… https://t.co/RcZoaAaxW5
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…