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2 months agoNope. Once the bubble bursts the squeeze-out of the middle class will be truly begun as pensions fail and governments on the edge of default are forced to squeeze them to repay their debts to the wealthy.
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Cake day: October 30th, 2025
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12·2 months agoThat’s the point. With the government nearly broke, he’s trying to pump out the last of the wealth there by gutting the welfare state to free up more capital for his investments. He’s since been mostly sidelined, but the corporatist wing of the MAGA coalition are working on a lot of the same plays behind the scenes still.
69·2 months agoDuh. This is what unchecked wealth inequality is doing. As retirees sell their house to fund retirements and new properties are built, people with already sizable passive income streams are buying them up to increase their passive income streams by turning them into rentals. If you want to build more, developers need to bid against that same wealth for land, driving up the cost of the units and further driving them into wealthy portfolios. Governments are pretty much fully leveraged after covid, so they’ve got few assets to help subsidize affordable housing, which is often being privately sold anyway and will be sold by those owners later at market prices when these cash strapped families need the money (for retirement or unexpected troubles).
https://youtube.com/watch?v=pUKaB4P5Qns
The squeeze-out of the middle class has begun.
4·2 months agoWake up and do what? Most Americans are so individualistic they couldn’t plan a heist let alone a political movement.
Trapped in an endless cycle of jingoistic rugged individualism trying to all vote with their wallets.
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