> In short, the finance sector lures away high-skilled workers from other industries. The finance sector then lends the money to businesses, but tends to favour those firms that have collateral they can pledge against the loan. This usually means builders and property developers. Businessmen are lured into this sector rather than into riskier projects that require high R&D spending and have less collateral to pledge.

The article doesn't explain the linkage. Why would poaching of high-skilled workers lead to investment in companies with collateral? Or, are they just saying that whenever finance becomes prominent it attempts to drive out risk ruthlessly?