BLUE is NonFinancial ... RED is Financial

Gross Value Added (GVA):

Graph #1: Output of Nonfinancial Corporate Business (NCB) = blue
and Output of Financial Corporate Business (FCB) = red

GVA is like GDP by industry, or GDP by sector. 

Here I show GVA for financial and nonfinancial corporate business. The nonfinancial corporate sector is much larger than the financial. Blue runs high.

 

Corporate Profits:

Graph #2: Profits of Nonfinancial Corporate Business (NCB) = blue
and Profits of Financial Corporate Business (FCB) = red

Nonfinancial Corporate Business Profits are much greater than Financial Corporate Business Profits. Blue runs high.

 

Profits as Percent of GVA:

Graph #3: NCB Profits as a Percent of NCP Output (blue)
and FCB Profits as a Percent of FCB Output (red)

GVA is like Output by sector. Here, we see the profits of NCB as a percent of the output of NCB, and the profits of FCB as a percent of the output of FCB. Relative to output, the rate of profit to NCB is a much smaller percentage than the rate of profit to FCB. 

Blue runs low.

That's great for finance. But it's not good for the economy.