Mastodawn

Robert Reich Feb 16, 2023

The rich don’t spend the money they have, and the poor don’t have money to spend.

This is a problem when 70% of the economy relies on consumer spending.

Closing our staggering wealth gap isn’t just the right thing to do. It’s essential to save our economy from collapse.

@rbreich …and so it goes in the UK too. The disease is spreading. The difference between 1920 and now is that the ultra wealthy are pan-national and have a basket of economes to rape and pillage. Once they have crushed the economies of enough countries, the depression will render the 1920’s event almost insignificant.