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    Off The Cuff: Capitalism Is Gone

    And what's replaced it sure as heck isn't working well for the bottom 99% of us
    by Jason Wiskerchen

    Wednesday, July 29, 2020, 4:03 PM

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In this week’s Off The Cuff podcast, Chris and Wolf Richter discuss:

  • We no longer have capitalism — it’s gone
  • The national housing market is weakening
  • The jobs market is worse than the BLS is reporting
  • This is the most challenging time ever for investors

In an important, somber conversation, Chris and Wolf discuss the challenging times facing society today. Capitalism as we knew it for much of the 20th century is no longer; today corporate losses are socialized while gains are privatized for the ruling elites.

For those looking to simply opt out of the system and protect themselves, it’s more challenging than ever warns Wolf. Especially in regards with how to safeguard your financial wealth:

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