Just a Reminder

That labor leak corona virus not a common cold caused one.Stop tell lie.

You’re almost there, but truly what this was about, as was the case with the Subprime Mortgage Crisis, is eliminating entrepreneurs and small businesses from the economy so they could be swallowed up for pennies by big corporations. 2008 did is with banks and financial services, following Covid we saw huge M&A activity and consolidation in a ton of industries including healthcare, tech, food production, real estate, media, used cars, restaurant services, and insurance.

The wealthiest in this country added billions to their net worths because their companies posted record profits, and we’re seeing the consequences of that now with “inflation.” Food is way up, rent is way up, car insurance is way up. It’s not because of Covid stimulus or increased minimum wage. It’s because there was quietly huge consolidation in those industries during and immediately after Covid and because here’s less competition now prices go up.

Rest assured, since it has worked at least twice in our lifetime, we will continue to have a “crisis” every 10-20 years when the ultrawealthy decide there’s too much competition from us plebs. if it’s not a housing crisis or a new virus it will be a war or coronal mass ejection that knocks out power or some other manufactured catastrophe that will allow the rich to quickly become richer.

It truly is that simple and that stupid.