Thursday, June 4, 2020

Meet The New Boss

Something to think about from Real Investment Advice:

Consumer spending is 70% of GDP.

You can read the rest @
https://realinvestmentadvice.com/covid-19-triggers-transformation-into-a-new-economy-part-1/

and

https://realinvestmentadvice.com/covid-19-triggers-transformation-into-a-new-economy-part-2/


I offer this not as "investment advice" but as food for thought.

An "economy" which produces little else except babies and videos about our emotions is not an economy at all. It is a vehicle for endless debt servitude.

Unless that changes, the "new" economy will be the same as the old one - the ultra rich will own almost everything, and the rest of us will fight over the scraps.

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