This paper discusses the role that finance plays in promoting the capital development of the economy, with particular … economy, was financing itself. At the same time, the capital development of the economy suffered perceptibly. If we apply a …

This paper discusses the role that finance plays in promoting the capital development of the economy, with particular … economy, was financing itself. At the same time, the capital development of the economy suffered perceptibly. If we apply a … greatest explosion of financial innovation the world had ever seen. Financial fragility grew until the economy collapsed into …

devastated California’s economy. Low-income and minority Californians in particular have felt the brunt of both the virus and the … strong economic growth, pockets of vast wealth, and an extensive social welfare system. California has the largest economy of … any state. In fact, with a gross domestic product of nearly $3 trillion, if California were a country, its economy would …