How did America go from the greatest economy to the most unequal economy of all time: cronyism this will force many back to basics and reduce consumer demand to add to the bumpiness of the 2021 ride..
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The modern-day elites have appropriated the financial system, siphoning off wealth for themselves using more invasive methods. In an age of supposed prosperity, we’ve witnessed the greatest wealth disparity in history. The world’s richest 1% own more than double the wealth of 6.9 billion people. The top 10% owns a whopping 88% of the biggest capital pool: the stock market, and within that 88%, the top 1% own more than half. With the Federal Reserve pledging to leave rates at 0% till 2023, the divide will get a lot worse before it gets better. Welcome to the rise of extreme Disaster Capitalism.”
As the elites will use every weapon to keep the most sophisticated wealth transfer tool at full capacity, the fight for monetary supremacy is, a battle that’s only just begun.
All they care about is the level of the S&P500, the poster child of the bullsh*t economy is where the money is made in America.
The stock market is their baby, and they will do everything required to prevent it from collapse.
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enjoy Tom
https://www.linkedin.com/posts/businesstransformation1_were-about-to-witness-the-greatest-wealth-activity-6743513345963397120-A9m6