Gee, maybe protectionist tariffs from an authoritarian orange man were a bad idea? 
Notwithstanding endlessly glib political speeches about bright futures, US capitalism has reached and passed its peak. Like that of the British Empire after World War I, the trip now is painful.
Signs of decline accumulate. The last 40 years of slow economic growth in the US have seen the top 10% take nearly all of it. The other 90% suffered constricted real wage growth that drove them to borrow massively (for homes, cars, credit cards, and college expenses). Their creditors were, of course, mostly that same 10%.
asiatimes.com
Increasing desperation as US capitalist system declines
Notwithstanding endlessly glib political speeches about bright futures, US capitalism has reached and passed its peak. Like that of the British Empire after World War I, the trip now is painful.
Signs of decline accumulate. The last 40 years of slow economic growth in the US have seen the top 10% take nearly all of it. The other 90% suffered constricted real wage growth that drove them to borrow massively (for homes, cars, credit cards, and college expenses). Their creditors were, of course, mostly that same 10%.
Increasing desperation as US capitalist system declines
Like all previous economic systems in recorded history, capitalism is on track to repeat the same three-step trip: birth, evolution, and death. The timing and other specifics of each system’s trip …
asiatimes.com
