The ZMan Addresses the New Serfdom

A very interesting article by the ZMan on the result of only having one retailer, one bank, one local college, one local law firm.  Even the rich folks have nowhere to send some of their children to work.  He is right about this, I’ve seen it affecting even the cloud people.  Now that the working class has been liquidated, they’re coming for the rest of us.  Oh well, at least we’ll get bread and circuses for a while.

The Great Consolidation