, Columnist
Your ETF Is Ruining Capitalism
Financial markets are awash in liquidity.
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Global capitalism is beset with problems, but a lack of liquidity is not one of them. More money flows through an ever bigger pool of investments each day. The Global Financial Crisis of 2008 was barely even a speed bump. Twelve years later, Covid-19 did stem financial market activity for a while, but that is also now a thing of the past.