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Listen to native speakers pronounce “financialization” in real conversational contexts with synchronized timestamps and subtitles.
What I'm going to talk about this morning is what I call in the book-- it's not an original word for me and it's not a very nice word--it's called financialization. It's essentially the process over the last 30 to 40 years by which the activity I've just been describing-- peopletrading secondary assets with each other-- has grown to be such a large part of our economy and such a dominant part of the financial system.