The New Capital Markets - An Alternative to Bonds

Public markets have become a bido gaming and where there is no reference to the real economy any more. The main function of markets has been lost as well, which is locating resources to the realEconomy. Francesco: What you're going to see is the finance industry being taken over by new names we've never heard before. How does this all play out? Writer: I think it's kind of like being analogous to the dot com experience in the late nineties.