Do you really know how much good the financial products and services you consume are doing for your overall financial health and as a result quality of life? The sad answer is that far too many institutions (and the new US adminstration) would prefer we consume the equivalent of as Robin Powell puts it, 'deep-fried Mars bars'. Fortunately there are more than a few of us 'financial health nuts' around happy to provide some 'nutritional' coaching. Oh and actually if you're looking for real nutritional coaching let me know - that's something else I'm qualified to give advice in ;-)
Bravo, Professor. You’ve hit the nail on the head. The financial sector has an obesity problem. It’s grown so big it’s putting the health of the real economy in danger. It needs to shrink massively and get back to what it should be doing — namely, providing financial consumers with genuine, net-of-fees value. Instead it continues to flog consumers expensive, heavily marketed investment products that are just as damaging to their financial health as deep-fried Mars bars are to their physical health.