K
Remember this letter “K” well, a symbol of the massive imbalances that twist our Western societies.
There is the tiny minority enjoying an absolutely unprecedented surge in financial markets and private investments, who—indifferent to prices—are thriving economically.
They are represented by the rising and triumphant branch of the K.
Then there are all the others whose situation continues to deteriorate, whose high costs and financial repression constraints keep worsening, whose wages no longer cover essentials, high rents, and soaring energy prices, leaving them powerless in the face of the collapse of their purchasing power.
These middle and lower classes are represented by the infamous descending branch of the K.
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