K-shaped “recovery” is socially dangerous for that reason: - you have net positive statistics, so the government doesn’t intervene - you have a class that con

K-shaped “recovery” is socially dangerous for that reason: - you have net positive statistics, so the government doesn’t intervene - you have a class that controls the levers of power growing substantial wealth in “services” and other extractive portions of the economy; and accompanying growth in large institutions or government - you have a largely devastated productive and working economy; and accompanying collapse of SMBs In whatever sense we’re not in a recession, that’s only because economic looting is so profitable on paper, we’re marginally positive. But that false signal of “not recession” can suppress normal responses and allow the country to move into socially unstable territory.