60%

The US executed the perfect formula for social unrest…

First they spend 60% of federal taxes on military, ensuring the existence of an underclass due to a lack of investment in education, health, welfare and investment in industry growth.

Then the underclass hangs around the places where:

1. There are the best scraps for living rough. i.e. where the wealthy live, and
2. Where there is the least aggravation, i.e. places like San Francisco

The Mission in San Francisco is weird. A warehouse down the road from me just sold for $48m. It is being turned into a headquarters for some internet unicorn. Outside of the $48m offices will be a tent city of homeless people, urine smells and plenty of rubbish collected by the homeless.

“Keeping it real” say the hipsters around here, in total denial that it only one possible reality.

Why spend 60% on military? So the wealthy classes get to maintain their sources of income resulting from the US control of foreign resources & trade, shares in military corporations,and the unrealistic high value of the US dollar.

It won’t end happily, of that I am sure. Either they will run out of money – 60% of zero is still zero, or social unrest will white-ant them from within.