In a recent interview with Marco Santarelli on Passive Real Estate Investing, we delved into the evolving landscape of finance, specifically focusing on the transition from digital platforms to a more personalised and decentralised level.
I discussed the concept of “the financialisation of everything”, which refers to the idea that “anything that can be digitised can be financialised”. I proposed that the US GDP has the potential to reach $45 trillion within the next two decades, with a significant portion comprising highly financialised assets. As societal values shift, younger generations prioritise experiences, network connectivity, and intangible assets, driving this transformation.
The conversation also moved on the role of debt in the economy. Money itself is essentially a form of debt that can be perpetually created. Managing and distributing digitised debt has become crucial in a debt-driven economy, as evidenced by the varying approaches of countries like Japan and China in establishing sustainable economic models.
By exploring the interconnectedness of digitisation, financialisation, debt, and evolving societal values, the conversation underscored the profound impact these factors will have on shaping the future of finance and the global economy.
Listen to the episode:
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