Consumers increasingly find themselves receiving inferior goods and services at higher prices. Living standards have declined significantly in recent years, and the trend is worsening, fueling simmering social anger. Yet for the elite that dominates opinion-forming, it is business as usual as consumption is accelerated by the 10% of those connected to Wall Street who …
Tag: consumer spending
How The New Distribution Of Income And Wealth Takes Place After The Pandimia Is Dismissed
The economic crisis caused by the measures to tackle the pandemic in the developed and developing economies of the world have their consequences and implications for the whole microeconomic and macroeconomic life of the societies of the planet. The imposed measures of lockdown and social distance have caused major structural changes in the labor market …