“Monopoly Round-Up: Are We Headed into Recession?” – Matt Stoller

“How does this economy look good when people feel so bad? One reason is that our stats were collected premised on a reasonably equal society that no longer exists. Today, 10% of high earners account for half of consumer spending. That’s insane. There are actually two economies, one with high earners, and then everyone else. But our stats don’t account for that”

https://www.thebignewsletter.com/p/monopoly-round-up-are-we-headed-into