Global consumer decline, low-income producers face fewer affluent buyers, growth-driven system unsustainable. Credit crisis hits 50% of Americans

The global consumer is in secular decline (with an average 10:1 spending, saving, consuming capability over low-income nation consumers) …and the global low-income nation producers will have fewer and fewer customers of means to purchase their products. Few will acknowledge that a “free-market economy” amid depopulation of consumers is incompatible with a financial system that requires infinite growth. No going back and no way out…

https://twitter.com/Econimica/status/1868053220054180037

https://twitter.com/Econimica/status/1868054787700502881