I may have seen this before and it popped back up in the shower, not sure.
👨🚀🔫👨🚀
Most of us are the bottom row to the billionaire's pyramid scheme.
Submitted 4 days ago by pelespirit@sh.itjust.works to showerthoughts@lemmy.world
Comments
HubertManne@piefed.social 4 days ago
I saw a youtube video where they claimed consumer spending by regular folks was so small its not longer the driver of the economy and its a combination of well to do spending and corpo spending that are driving things. Their point was what the regular person was doing economically was becoming less and less relevant. Its kinda tough to get data to verify if that is true or not. They talk about sources but they are bought data sets.
Newsteinleo@midwest.social 4 days ago
That is wild, but it makes sense. Staples isn’t really interested in me buying a pen, and I am guessing the average person does not use a pen that often anymore. However, Staples is really interested in getting a contract with my employer to make sure the office is well stocked with pens, paper, and other office supplies. Depending on how distribution works, it is possible to sell less pens and make more money. If all the pens go to the same three companies that could be cheaper then shipping pens to 15 different stores.
HubertManne@piefed.social 3 days ago
I think his point was they no longer care so much if people can afford things to live. It effected their well being pretty immediately before but now its so detached that by the time we care it will be really bad. Again though you have to sorta trust the data from the guy. I tried some searches but general consumer spending seems the same to me.
vane@lemmy.world 2 days ago
I know that if consumers stop buying during Black Friday and Christmas all economy will collapse because it’s around 40-50% of companies income.
There is some data here
www.pwc.com/us/en/…/holiday-outlook-trends.html
deloitte.com/…/holiday-retail-sales-consumer-surv…
njm1314@lemmy.world 4 days ago
We all wish it was a pyramid. It’s way worse than that.
BackgrndNoize@lemmy.world 4 days ago
Yeah this has always how it’s been throughout human history. Democracy just gives a fake veneer of a system that’s fair and equal where everyone gets a say in how things get run, but the system works for the rich by taking from the poor. The only power we have is collective action and solidarity, but people are divided fighting each other over petty bullshit. Funny I come across this post after watching good fortune lol
devolution@lemmy.world 3 days ago
So how do you want to be ass fucked? Doggy style or missionary?
birdwing@lemmy.blahaj.zone 4 days ago
Finally, we’re all bottoms :3
kambusha@sh.itjust.works 4 days ago
Power bottom?
SuDmit@lemmy.blahaj.zone 2 days ago
Low power bottom )-:
beejboytyson@lemmy.world 4 days ago
Nah, you’re just getting fuck and NOT asserting your dominance.