Dr. Anderson effectively dismantles the "spending power" delusion, exposing how a trillion dollars in consumption is merely a wealth transfer disguised as economic influence. Without ownership of the means of production, high spending is just a fast track to systemic dependency.
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The $1.1 Trillion IllusionAdded:
They don't want me to wake you up with this one.
>> Sometimes I believe that black people are searching for a key to an unlocked door. That the door to opportunity is wide open and will cost you little to get in. The resources necessary to succeed in this country as Africans in America are here. We have everything we need to succeed except each other. We have money. Oh, we're not poor. We're just broke. Our money goes in one direction away from us. We've taken the art of consumption to a whole new level.
We don't sell anything that we purchase and we don't make anything that we buy.
We just consume. We are $1.1 trillion annual economy. If we were a nation, we would be the 16th richest nation in the entire world. I have traveled every place that black people have been dispersed. Brothers and sisters, I've been to South Africa, East Africa, Central Africa, West Africa, all over North Africa, and all over South America and the Caribbean.
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