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November 24, 2025 21 mins

The U.S. economy has already crashed. The stock market is just the last one to figure it out. In this essay, Max talks about what happens when hegemonic economies collapse and how the U.S. has been able to keep things afloat while the bottom falls out. He draws parallels to the crash of 1929 and the subsequent Depression and speaks to the differences. There is a path forward for Progressives but it won’t be a presidential run. The DNC will make sure of that. But we can borrow from Russell Vought’s playbook to build a coalition of support on the ground.

Resources

DSA: Chapters

Working Families Party: Get Involved

Sherrod Brown

UNFTR Resources

Trump is Looting the Treasury.

“Russputin” and the Tsar.

Medicare for All.

Zohran Mamdani Has Already Won.

Civilian Labor Corps.

Housing First.

UNFTR 5NN.

Video: The Financial Crisis is NOW & The Path Forward for Democrats.

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