Lunch Break with Keith & Steve | Financial Media Has Japan Dead Wrong

But now, the interesting part, it's become more transparent.

You really just did that right in front of us?

Yeah.

You wonder why the people are pissed off.

So yeah, this is a reason, by the way, this is a big reason why these democratic socialists are doing well.

Yeah, it's it's interesting

because this is part of the K-shaped economy thing.

You get the you know, the people whose income is above the median of around one hundred thousand.

Those people above are have done pretty well and those below have not done well.

And those below outnumber those above by a big margin.

So if you're counting votes, you basically have a lot of people who are getting squeezed.

How about all the farmers in the Midwest? I wonder how many farmers in Michigan voted for the Democratic Socialist who looks like he's going to win the primary in Michigan.

I have no idea, but it's, I mean, to me, it's all, these are all like, um, what my partner and demographer who you know, Neil Howe, would call the fourth turning, right? You abuse a generation, both political parties abuse power, political power for their own economic benefit in this case.

And the people finally get fed up with it and they vote them off the island.

It ends in some kind of a crisis.

I mean, you can't just keep doing these things.

And isn't that the history of, men and women who've tried to act against the market gods.

Like you go back for, and I'm sure if Scott Besson has his people listening to this, which he should, um, it'd be, well, you don't understand what we're doing here.

But now, the interesting part, it's become more transparent.

You really just did that right in front of us?

Yeah.

You wonder why the people are pissed off.

So yeah, this is a reason, by the way, this is a big reason why these democratic socialists are doing well.

Yeah, it's it's interesting

because this is part of the K-shaped economy thing.

You get the you know, the people whose income is above the median of around one hundred thousand.

Those people above are have done pretty well and those below have not done well.

And those below outnumber those above by a big margin.

So if you're counting votes, you basically have a lot of people who are getting squeezed.

How about all the farmers in the Midwest? I wonder how many farmers in Michigan voted for the Democratic Socialist who looks like he's going to win the primary in Michigan.

I have no idea, but it's, I mean, to me, it's all, these are all like, um, what my partner and demographer who you know, Neil Howe, would call the fourth turning, right? You abuse a generation, both political parties abuse power, political power for their own economic benefit in this case.

And the people finally get fed up with it and they vote them off the island.

It ends in some kind of a crisis.

I mean, you can't just keep doing these things.

And isn't that the history of, men and women who've tried to act against the market gods.

Like you go back for, and I'm sure if Scott Besson has his people listening to this, which he should, um, it'd be, well, you don't understand what we're doing here.