• ampersandrew@lemmy.world
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    18 hours ago

    The days of appealing to the mass market of lower and middle class consumers, is over

    It’s not over forever. We’ve had K-shaped recoveries in the past, which is why we have a name for it.

    • TubularTittyFrog@lemmy.world
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      18 hours ago

      nobody is investing in the lower or middle classes. they are de-investing.

      everyone is investing in the rich people. especially other rich people who are trying to grow their businesses.

      • ampersandrew@lemmy.world
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        17 hours ago

        That’s right now. The economy changes, and that investment is a response to how it’s changed. It will change back again. We’ve been here before.