Publisher's Synopsis
The Big Fat Fox says that after the GFC in 2008, the world was hit by two revolutions, the globalisation of Banking and Tech. Over the last fifteen years, those revolutions have economically segregated every economy on earth, creating a global mental health crisis; rocketing house prices, rents, and a week-to-week, hand-to-mouth, no-savings existence for ninety-five percent of the people on Earth. That ninety-five percent are what we now call the-have-nots. A new class that has replaced the world's middle-classes courtesy of the elimination of small business sectors everywhere and their replacement by global banks, insurers, tech companies, and corporations.
The only problem?
That ninety-five percent have no spending power or savings.
Economists say market-economics will solve this problem. This book says the economic segregation we see everywhere was created by market-economics, so the idea that it can fix the problem it created is as nuts as it gets.
Not only does the BFF explain how these changes happened. It gives solutions to the identical socio-economic problems we see inside every economy on Earth. Solutions that go a long way towards fixing these problems and putting the boot back on the other foot in what is now a socio-economic standoff.
