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by john_moscow 1942 days ago
Think deeper. The American dream died in 2008. We could have let the inefficient corrupt behemoths crash under their own weight and free the market for the next wave of companies. But instead we printed more money and bailed them out. Ans we keep doing it ever since [0]. It's not about Asian, Black, Russian, Jewish or whatever. It's that if you haven't bitten a large enough chunk of the pie before 2008, you are second class and are bound to working for those who had. And when people across the society get frustrated with their lives, the racial differences is the easiest thing to spot, so it metastasizes first.

U.S. is now as much "a land of opportunity" as Democratic Republic of Congo is "democratic" or People's Republic of Korea "people's".

[0] https://tradingeconomics.com/united-states/money-supply-m0, switch to the 25Y view