{"id":671,"date":"2025-04-03T07:51:23","date_gmt":"2025-04-03T07:51:23","guid":{"rendered":"https:\/\/kensmartips.com\/finance\/?p=671"},"modified":"2025-04-03T07:51:23","modified_gmt":"2025-04-03T07:51:23","slug":"how-the-finance-industry-destroys-economies","status":"publish","type":"post","link":"https:\/\/kensmartips.com\/finance\/?p=671","title":{"rendered":"How The Finance Industry Destroys Economies"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"480\" height=\"270\" src=\"\/\/www.youtube.com\/embed\/fIsQHkTLlxY\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<p>\ud83d\udc49 Register for this 3-hour AI training  for FREE: https:\/\/web.growthschool.io\/ecexplained<br \/>\n\ud83d\udc49 100% Discount for the first 1000 people \ud83d\udd25<\/p>\n<p>\u2764\ufe0f Reshare this with your friends who will need this \ud83d\ude07<\/p>\n<p>Does the finance industry add value, or just chaos? From crashing economies to turning homes into gambling chips, it\u2019s made billions while leaving us questioning its worth. We unpack its core role\u2014connecting capital to land, labor, and ideas\u2014and how it fueled the Industrial Revolution and consumer credit. But today\u2019s mega-banks, high-frequency trades, and info gaps are sucking value dry, boosting inequality instead. Featuring insights from Rana Foroohar (Financial Times) and Warren Buffett\u2019s casino warning\u2014watch if finance is a tool or a trap! <\/p>\n<p>Watch the full documentary now: https:\/\/curiosity.tv\/mijelrl<br \/>\nSpecial Offer for EE Fans! Use code EE30 for 30% off an annual Curiosity Stream subscription. Every redemption directly supports future projects like this!<\/p>\n<p>This video was made possible by our Patreon community!<br \/>\nSee new videos early, participate in exclusive Q&amp;As, and more!<br \/>\nhttps:\/\/www.patreon.com\/EconomicsExplained<\/p>\n<p>\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580<br \/>\nWriting credits: Hugh O&#8217;Reilly<br \/>\nCheck out our other channels<br \/>\nContext Matters @Context.Matters<\/p>\n<p>And our Language Channels \u2192<br \/>\nWirtschaftsWissen (GER) &#8211; https:\/\/www.youtube.com\/@wirtschafts-wissen\/<br \/>\nL&#8217;\u00c9conomie Expliqu\u00e9e (FRE) &#8211; https:\/\/www.youtube.com\/@Economie-Expliquee<\/p>\n<p>Business Enquiries \u2192 hello@economicsexplained.com<\/p>\n<p>Listen to EE on Spotify! \ud83d\udc49 https:\/\/open.spotify.com\/show\/5TFVUEJnYLOCmmfaDNHaM2<br \/>\nAlso on Apple Podcasts or anywhere else you listen!<\/p>\n<p>#EconomicsExplained #GlobalEconomy #GrowthSchool <\/p>\n<p>\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580\u2580<\/p>\n<p>THANK YOU TO OUR PATREON COMMUNITY \ud83d\udc4a\ud83d\ude4f<\/p>\n<p>\ud83d\udc51 ROYALTY CLASS \ud83d\udc51<br \/>\nJuan Benet<\/p>\n<p>UPPER CLASS<br \/>\nValkmit, Randall, Charles Youngs, Jeromy Johnson<\/p>\n<p>UPPER MIDDLE CLASS<br \/>\njenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&amp;bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Gr\u00e9goire Duch\u00e9ne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny<\/p>\n<p>MIDDLE CLASS<br \/>\nJulian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed<\/p>\n<p>The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https:\/\/www.youtube.com\/channel\/UCuj2Bne141HGmYFsbkfnbqw<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ud83d\udc49 Register for this 3-hour AI training for FREE: https:\/\/web.growthschool.io\/ecexplained \ud83d\udc49 100% Discount for the first 1000 people \ud83d\udd25 \u2764\ufe0f [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":672,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kensmartips.com\/finance\/?p=671\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How The Finance Industry Destroys Economies - 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