We (the middle class) went from capturing 25% of GDP in the 60’s and 70’s to capturing 7% today. Wealth inequality is the highest it’s been since 1929. The only metals getting purchased now are the ones going into datacenters, which will likely only get paid off by a further reduction of our GDP capture once these companies go belly-up.
We (the middle class) went from capturing 25% of GDP in the 60’s and 70’s to capturing 7% today. Wealth inequality is the highest it’s been since 1929. The only metals getting purchased now are the ones going into datacenters, which will likely only get paid off by a further reduction of our GDP capture once these companies go belly-up.