Yes, the rich live in a different world. And no new information will change them. But a revolution would. Revolutions build slowly over a long time. Then, suddenly, a critical mass, a flash point, and something totally unexpected ignites the ticking bombs.
As you know, it happened recently in a remote Tunisian village. Mohamed Bouazizi, a 26-year-old college graduate, unable to pay bribes, set himself on fire to protest police confiscation of the scale he used at his unlicensed vegetable cart. That triggered a revolution. And his horrible suicide rapidly led to the collapse of a 24-year dictatorship.
Today we have four time bombs soon to make history; any one of them could easily start ramping up the revolution that's already killing Wall Street and America from within.
1. Wealth gap: the super-rich, the class war, and the death of democracy
The gap: In the space of one generation, America's wealthiest 1% have almost tripled their share of our country's income, from 9% of it to more than 23% of it. Meanwhile, middle-class income has stagnated. Even Warren Buffett admits that "There's class warfare, all right, but it's my class, the rich class, that's making the war, and winning it."
The rich just don't care about the losses the large majority of us are taking as a result. They live by a very self-centered credo and are lacking a moral compass. The public welfare is honored by them only if there are tax benefits in it for them.
The wealth gap continues to widen, no steps are being taken to stop that widening, and soon enough something unpredictable will ignite a Wall Street revolution because of this ever widening gap.
2. Wall Street's doomsday capitalism and its movement toward anarchy
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