America is trudging through its third consecutive K-shaped recovery (an economic rally where the rich get richer and everyone else gets poorer). The rich have never been richer, and the debt-fueled consumption that kept the economy going is tapering down to a trickle.
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If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2026/01/08/after-the-moneys-gone/#who-took-the-money-away
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