The Dangers of Financialization Oct 11, 2016   TIME magazine assistant managing editor Rana Foroohar’s book Makers and Takers sounds an important note of warning on the dangers of financialization of the U.S. economy. She reveals that the financial system no longer funds new ideas and projects — only about 15 percent of the money coming out of financial institutions goes into business investment; the rest is spent buying and selling existing financial instruments. That’s why $4 trillion worth of monetary stimulus that followed the 2008 financial meltdown has failed to produce anything more than anemic growth. In this video, she discusses her book, and its implications for the economic policy challenges facing America’s decision-makers, with Institute president Robert Johnson. https://www.youtube.com/watch?v=vtIk7WlINPQ

India's economy to double in size to $5 trillion by 2022: PM Modi https://www.business-standard.com/article/economy-policy/india-s-economy-to-double-in-size-to-5-trillion-by-2022-pm-modi-118092000665_1.html 20th Sept 2018
Modi said the Indian economy will grow at over 8% rate with massive employment generation being seen in IT and retail sectors

https://www.globaljurix.com/blog/will-india-become-5-trillion-dollar-economy-in-next-5-years.php To achieve the target, India needs to grow with an average annual growth rate of 10-12% in dollar terms for next five years (as against 6.8% in 2018-19), and raise its aggregate investment rate to around 38% of its GDP every year, as against 31.3% in 2018-19, according to experts, including the Ernst & Young (EY). Again, India's inflation (consumer price index) shall be required to be kept below or around 4% (the target inflation rate according to the Monetary Policy Framework), to ensure commensurate increase in the purchasing power of money. According to the finance ministry, the inflation in India has been kept under check and at around 4.5% in the last five years, and now it is on a declining path to reach 3.4% in 2018-19. Again, to support the target rate of GDP growth, the rupee should not depreciate further against the dollar. As per an PTI report, to achieve the target GDP growth, the exchange rate depreciation must not be higher than 2% per annum...

https://www.hindustantimes.com/astrology/horoscope/yearly-horoscope-2023-what-s-in-store-for-all-zodiac-signs-in-the-coming-year-101672215982930.html

Evicting the inhabitants is like firing the workers: the restoration of the old unjust order of neoliberalism needs the precarious and uprooted to avoid being hindered in the race of the financialized economy, fueled by real estate and land speculation, feeded by wars, at the expense of people, communities, the climate and the environment.

A financialized economy that is flooding the relaunch of unlimited development policies with flows of money, the same ones encouraged by the New Urban Agenda of Habitat 3, to which we countered the Inhabitants' Solidarity Agenda already in 2016. The vultures of the financialization of the economy are already profiting from the private and public debts that this crisis and the wars are accumulating.

These policies, including the fake "green" ones, are exacerbating authoritarianism, patriarchy, gender discrimination, racism and the criminalization of human rights activists.