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A recent report by Goldman Sachs celebrated what it called The Socialization of Finance. In particular, the report discussed how the new business models for

A recent report by Goldman Sachs celebrated what it called The Socialization of Finance. In particular, the report discussed how the new business models for crowd-funding, peer-to-peer lending, socialized payments, and automated investing are rising to take market share from existing banking channels. In a short paragraph, can you discuss how the socialization of finance is going to change the structure of current financial markets?

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