Doomstead

Doomscroll Comments => Collapse Life => Topic started by: K-Dog on Aug 15, 2026, 11:39 AM

Title: Death of the dream
Post by: K-Dog on Aug 15, 2026, 11:39 AM
America's unregulated prosperity is only enjoyed by a privileged few.  They are rent collectors in an economy which no longer produces real value.  Real value only comes from labor.  America became financialized into a house of cards built on what had been, a solid foundation.  Now a wind blows and we have toppling going on.  America's foundation of labor was kicked to the curb.

REUTERS.COM2026-08-14

US consumer sentiment deteriorates in August

U.S. consumer sentiment slumped in early August amid worries about the ​rising cost of living because of the ‌conflict in the Middle East, a survey showed on Friday.