186,000 Dead Americans, 14,000 Lamborghinis — The Hidden $10B SNAP Fraud Network

The gist

1. The USDA found 186,000 dead beneficiaries and 14,000 luxury car owners on food stamps, costing an estimated $10 billion a year.
2. Bilyeu argues deficit spending of $2 trillion a year, not corporate greed, is the main driver of wealth inequality and the shrinking middle class.
3. Argentina cut inflation from 200% to 33% and poverty from 52.9% to 28.2% by reaching its first budget surplus in 123 years, which Bilyeu holds up as a model.
4. China activating its 2021 blocking rules for the first time signals a split into two competing economic spheres and a shift away from American dominance.