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submitted 10 months ago by [email protected] to c/[email protected]

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This is a good indicator that the real economy is collapsing, and explains why the regime is unable stop neither their recession nor inflation.

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[–] [email protected] 0 points 10 months ago

I expect so, after so many decades of financialization of the economy, a lot of important industries have been moved out of the country. This was a great read on the underlying dynamics incidentally https://americanaffairsjournal.org/2021/08/the-value-of-nothing-capital-versus-growth/