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7/9/2025, 11:04:32 PM
>>509953497
Remember, 50% of consumer spending is done by the top 10% of earners.
>https://www.warc.com/content/feed/top-10-of-wealthy-americans-drive-50-of-us-spending/en-GB/10380
Corporations need cheap labor to beat earnings, and central banks need debt slaves to expand the money supply.
We don't know yet if it will cause a recession in the US. However, it will cause a recession in Mexico and South America as remittances stop destabilizing the southern part of the continent on purpose.
Remember, 50% of consumer spending is done by the top 10% of earners.
>https://www.warc.com/content/feed/top-10-of-wealthy-americans-drive-50-of-us-spending/en-GB/10380
Corporations need cheap labor to beat earnings, and central banks need debt slaves to expand the money supply.
We don't know yet if it will cause a recession in the US. However, it will cause a recession in Mexico and South America as remittances stop destabilizing the southern part of the continent on purpose.
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