Tag Archives: Wealth Gap

The Fourth Turn, Turn, Turn

By Charles Hugh Smith Source: Of Two Minds The cycles of The Fourth Turning, Fischer and Turchin are all in alignment at this point in history.. The 1997 book The Fourth Turning: An American Prophecy proposed a cyclical pattern of four 20-year … Continue reading

Posted in Consumerism, Corporate Crime, culture, Dystopia, Economics, elites, Energy, Environment, Financial Crisis, History, Inequality, Neoliberalism, Oligarchy, Social Control, Social Engineering, society, Sociology, State Crime, Technocracy | Tagged , , , , , , , , , , , , , , , , , , , | 1 Comment

The Long Cycles Have All Turned: Look Out Below

By Charles Hugh Smith Source: Of Two Minds Long cycles operate at such a glacial pace they’re easily dismissed as either figments of fevered imagination or this time it’s different. But since Nature and human nature remain stubbornly grounded by the same … Continue reading

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Is Inflation “Transitory”? Here’s Your Simple Test

By Charles Hugh Smith Source: Of Two Minds Is inflation “transitory” in your household budget? Really? Where? The Federal Reserve has been bleating that inflation is “transitory”–but what about the real world that we live in, as opposed to the … Continue reading

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The Number Of Billionaires In America Has Absolutely Exploded During The Pandemic

By Michael Snyder Source: Investment Watch Blog For the wealthy and the ultra-wealthy, happy days are here again.  Even though we have just been through one of the most difficult 12 months in our history, the number of billionaires has increased … Continue reading

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The Coming War on Wealth and the Wealthy

By Charles Hugh Smith Source: Of Two Minds Here’s looking at you, Federal Reserve–thanks for perfecting ‘legalized looting’ and neofeudalism in America. The problem with pushing a pendulum to its maximum extreme on one end is that it will swing … Continue reading

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Our Frustrations Run Far Deeper Than Covid Lockdowns

By Charles Hugh Smith Source: Of Two Minds The reality is the roulette wheel is rigged and only chumps believe it’s a fair game. It’s easy to lay America’s visible frustrations at the feet of Covid lockdowns or political polarization, … Continue reading

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‘$2.5 TRILLION THEFT’ – STUDY SHOWS RICHEST 1% OF AMERICANS HAVE TAKEN $50 TRILLION FROM BOTTOM 90% IN RECENT DECADES

  The median U.S. worker salary would be around twice as high today if wages kept pace with economic output since World War II, new research revealed. By Brett Wilkins Source: Common Dreams New research published Monday found that the top … Continue reading

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Saturday Matinee: The One Percent

This 80-minute documentary focuses on the growing “wealth gap” in America, as seen through the eyes of filmmaker Jamie Johnson, a 27-year-old heir to the Johnson & Johnson pharmaceutical fortune. Johnson, who cut his film teeth at NYU and made … Continue reading

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