Black People & Money-C.R.E.A.M. (Cash. Rules. Everything. America. Means)

It is projected that the average black family will have a net worth of zero by the year 2043. In this episode, I explore how America systematically spearheaded wealth for white families stemming from the Transatlantic slave trade up through the cotton, tobacco, and sugar industries up to Wall Street. The government also enforced policies to strategically disenfranchise black families from home ownership. Black spending power in 2021 peaked at 1.6 trillion dollars despite this, but it has dropped 14% since that year and is projected to further decline. Is it time to sound the alarm? Organize, strategize, and demand reparations talk? Where does personal accountability factor in? Is it too late for a people historically disenfranchised by their own government? #wealth #money #capitalism #blackpeople #america #wealthgap #black people and money #1.6trillion #land #homeowner #racistcapital #asians #latino #latinx #hispanic #nativeamericans #mlk #wakeup #americandream #whitesupremacy #richardrothstein #thecoloroflaw #npr #terrygross #housing #segregation #thisisamerica #genius #wegotthis #gucci #chanel #cadillac #jordans #nike #mercedes #designer #tulsa #rosewood #senecavillage