This post, about a $90 million condo flip, asks a great question: - TopicsExpress

This post, about a $90 million condo flip, asks a great question: which financial activities by the .001% actually benefit the economy, and which provide no jobs, stimulus, or value to others at all? Id love to hear other examples of activities by the mega-wealthy that have either high or zero benefit to others. Im no economist, so help me out here, Neil Irwin, David Leonhardt, Ron Lieber, Heather Boushey, Jen Sale, Amanda Buell Hall, Peter Orszag, Leah Boustan. nytimes/2014/10/28/upshot/a-90-million-condo-flip-shows-whats-wrong-with-financial-capitalism.html?smid=fb-share&abt=0002&abg=1

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