K-Shaped Recovery/Economy

by K E Stone

Talking about the 'K-shaped recovery' or 'K-shaped economy' is all the rage nowadays. Typically, as an economy and markets recover after a rough patch, the rising tide lifts all boats. Not anymore. America's filthy crtony capitalism system has separated the rich versus the poor by the widest gap since the 1970's. At least good music came from that pain. Inflation was high and jobs were scarce, folks worked under the table for cash, the standard mantra was "f*%# the rich"; maybe history will repeat, but we never stopped grooving with the chicks dancing the Crocodile Rock.

The privileged elite, and upper class sycophants that service the wealthy (accountants, attorneys, Wall Streeter's, etc...), are having the time of their lives, living in McMansions, living large, asking why everyone is so glum. They are happy because they own stocks that are goosed constantly by the Federal Reserve monetary stimulus and by Congress with fiscal stimulus. It is called crony capitalism filth.

One-half of Americans do not own a single share of stock so they did not benefit from the obscene and effortless gains that the wealthy enjoyed for the last two decades. The human greed is criminal. The 30 million at the top shafted the 300 million at the bottom over the last five decades gutting the middle class in the process. There is only rich and poor now, like the 70's, the have's and the have-not's.

Middle class jobs were sent overseas to take advantage of the slave labor starting with President Ronnie Ray-gun in the 1980's so stocks would catapult higher and reward the wealthy class. It worked but it completely gutted and destroyed America's middle-class in the process. The middle-class was the glue that held the United States together but human greed knows no bounds.

Too bad the crony capitalism filth has ran its course and now we are left with the bifurcated society that cannot be fixed. As the system fails over the coming months and next few years, capitalism will be wrongly blamed as a failed system but it is not. Capitalism does not exist in practice; it only exists in theoretical business textbooks because of human greed. The crony capitalism filth system will fail. Such is life and the human condition.

Who will win in the battle of 30 million versus 300 million? Stairway to Heaven. Today feels more like the 70's with each passing day. What's that smell on your jean jacket? That's campfire smoke Mom, that's all, no, it is not marijuana smell, as ZigZag papers fall out of a pocket. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.