securitization advanced during the great moderation ...and so did" derivatization"

"..from 1990-2005 the estimated sum of equity-market capitalization,
outstanding total bond issues (sovereign and corporate) and global bank assets
rose from 81% to 137% ...."of Global GP (gross product),

the last bit
bank assets is of course traditional monoploy stage financialization
a guilded age dinosaur ..still thriving ..till it crashed..
 on its crazy eddie  off regulation edges

derivatives ?



" ..over-the-counter derivatives markets tripled" between 2000 and 2005
  to $285 trillion.." 
                              "..six times .." Global GP