The most affluent consumers account for a bigger share of total US spending, reinforcing the lopsided dynamic of unbothered consumption for the wealthy and more cautious shopping for everyone else.

  • IninewCrow@lemmy.ca
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    1 day ago

    This is a repeat of ancient Roman history.

    The wealthy elite became so wealthy that they could insulate themselves from the rest of the country and economy … they had so much money that they could make, produce and build everything they needed for themselves … while the rest of the world degraded and fell apart.

    And as soon as enough of the world and it’s people fell apart and became a lawless land … everyone started attacking one another, especially the insulated wealthy elites.

    We’re on our way now folks … if I don’t see you in the future hellscape, my ghost will.