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The American Economy Is Dead
It used to be productive, now it’s just extractive
![The New York Stock Exchange facade](https://miro.medium.com/v2/resize:fit:700/1*oxepogjrmzyxrXXabFcr3Q.jpeg)
Let’s face it, the productive American economy is dead.
Rather than producing products and services of real value, corporate America is just a giant shell game of extractivists, a dung pile of rent-seekering skimmers who blood-suck time and wealth from the productive poor while contributing nothing of real value to the society they’re slowly choking to death.
Our global goal should be widest-spread well-being, but all these grifters are massively slowing us down.
We’re all trying to swim, and they’ve shackled us with a lead parachute.
Welcome to the Vampire Economy.
Let’s take a look at six of the leading extractivist freeloaders:
1. Bankers
You need money for a house.
You go to the bank and ask for a mortgage.
A banker types on a computer and creates credit in your account.
Now you have to work a real job to earn real wealth so you can pay back fake credit with real cash plus real interest.
That’s it.
Most people have no idea that over 90% of all new money is created by banks.