“655 people have $4 trillion in wealth. 200 million can’t cover a $1000 expense.”
by Michael Snyder of The Economic Collapse Blog The COVID pandemic has caused the gap between the ultra-wealthy and the rest of us to grow larger than it ever has …
America’s Richest 1% Owned 5% in 1990, Own 36% Today
Once they own everything, everybody else would be either working for them or in debt to them. The poor 99% would no longer be able to… by Eric Zuesse via …
Rich Millennials Plot the End of Civilization
We can only thank goodness the parents of these young people believed in serving customers and saving their wealth. This wealth was… by Doug French via Mises he New York Times managed …
2021 is Already Optimized for Failure
One sure way to identify a system “optimized for failure” is if all the insiders are absolutely confident the system is “optimized for my success”… by Charles Hugh Smith via …
Here’s Our Historical Analogy Menu: Rome, the USSR or Revolutionary France
The core dynamic is ultimately the loss of social cohesion within the ruling elites and in the social order at large. by Charles Hugh Smith via Of Two Minds The …