Single Comma Club | Unraveling finance & modern day society for all Americans as we won’t be retiring | Statements are not intended to be financial advise
Inequality and anti-capitalism in one chart.
The Fed, for the last 25 years, have used their tools and $$$ to preserve equity and credit prices at all costs. As a result, when economies contract, avg people get hurt.
Capitalists and Progressives should both puke this chart up.
When it comes to re-opening, SCIENCE -- not politics -- must be California's guide.
CA has developed 6 indicators that will help guide how and when we decide to re-open our economy. This isn’t about an on/off switch. This will be a thoughtful process -- led by public health...
If you believe working long hours in a white collar job is difficult you definitely grew up middle or upper middle class. You don’t have any reference point and wear “80 hour work weeks as tough times”. It wasn’t tough. It was easy in comparison to being poor