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14: Suction Up, Trickle Down
5 months ago
52
This is the final chapter in the section on economics, The Petropocalypse, from my book How to Dismantle an Empire. It looks at the growing wealth disparity in the US and how that’s been manipulated through college debt and housing costs. The 2008 ‘subprime mortgage crisis’ is examined for who benefited: Blackstone, Colony Capital, Barclay’s, Bank of America, Morgan Stanley. I show that even billionaires are struggling to keep up! You will be forgiven for not shedding a tear.
Third Paradigm on Substack: https://thirdparadigm.substack.com/
How to Dismantle an Empire: https://www.amazon.com/How-Dismantle-Empire-2020-Vision/dp/1733347607
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