Social Overdraft

Society is overdrawn. Withdrawals vastly exceed deposits. Profits divert the purchasing power of workers and consumers in the real economy into the financial bubble of the fabulously rich. This is why the real purchasing power of wages keeps falling as debt and profit levels accelerate.

Social Overdraft

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Society is overdrawn. Withdrawals vastly exceed deposits. Profits divert the purchasing power of workers and consumers in the real economy into the financial bubble of the fabulously rich. This is why the real purchasing power of wages keeps falling as debt and profit levels accelerate.

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