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The top 10% of income earners in the US now account for half of all consumer spending, a record high.
(www.fxstreet.com)
this post was submitted on 24 Feb 2025
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I think you are right, this is actually the more likely scenario than the other way around. This is how the elite are preparing themselves for the next big recession, ensuring that they can plunge the working class into destitution while they themselves remain insulated from the consequences. And building up a militarized police apparatus is the other part of that preparation, to keep the angry mob in check that would otherwise be coming for them in their mansions.
I didn't realize this until Dick Wolff told me, but the USA spends more on domestic police - excluding prisons and the federal agencies like FBI, ATF, etc - than either Russia or India spend on their entire military.
DO NOT feed dick wolff to the ai art slopinator