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Mag Owned by 20th Richest Man in the World Tells Americans to Make Do With Less

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Published on: November 14, 2021

Michael Bloomberg, the 20th richest man in the world, with an estimated net worth of $59 billion, owns estates around the world from Bermuda to London, and also a site that explains that Americans should shut up and enjoy being poor.

Americans Need to Learn to Live More Like Europeans – Supply-chain shortages are constraining U.S. consumers’ endless appetite for buying whatever they want whenever they want. It’s about time. – Bloomberg

An endless appetite for filing their cars with gas and buying turkeys for Thanksgiving.

“Suddenly, Americans can’t spend like they used to. Store shelves are emptying, and it can take months to find a car, refrigerator or sofa. If this continues, we may need to learn to do without — and, horrors, live more like the Europeans,” the site owned by one of the world’s richest men mocks.

Remember when Bloomberg wasted a billion in a failed bid to run for president? I’m sensing that he’s still bitter about it.

“The average U.S. home was 1,700 square feet in 1980, by 2015 it was 2,000 square feet,” a magazine owned by a man who has 2,000 square foot closets complains.

Then there’s a lecture about how the state of our souls will improve if we buy less stuff, as if the issue with the supply chain crisis was, as the Biden administration falsely claims, people buying high-end products as opposed to just people going into stores to purchase basic food items and finding empty shelves.

But from the Bloombergian heights enjoyed by Allison Schrager, the crisis is experienced as purely a matter of Americans having an “endless appetite” and having to wait months to buy a car. Of course that’s a bigger problem when what you’re after isn’t a Porsche, but a car you need to get to work to be able to feed your family.

Article posted with permission from Daniel Greenfield

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