Issues
Debt and the Demise of the Middle Class
Unfortunately for those at the top who’ve benefited immensely from speculative bubbles, speculative bubbles don’t create a vibrant middle class–they push what’s left of the middle class off a cliff. What exactly is the Middle Class and what unique role does it serve in the economy?
VIEW POSTThe Top 10% Is Doing Just Fine, The Middle Class Is Dying on the Vine
Please study these charts as a means of understanding the inevitability of economic stagnation and a revolt of the decapitalized middle class. I’ve been covering the decline of America’s middle class for over a decade with charts, data and commentary on the social depression that has accompanied the decline.
VIEW POSTOur Fragile, Brittle Stock Market
This heavily managed ‘market structure’ is far from equilibrium and extremely prone to instability. The relentless melt-up in stocks offers ample evidence that the market is rock-solid and that any decline is an enormous opportunity to buy the dip. That this has worked splendidly for the past 13 years cannot be denied.
VIEW POSTContributors
Mark E. Jeftovic
Mark is the co-founder of easyDNS and the editor-in-chief of #AxisOfEasy. He is the author of Managing Mission Critical Domains & DNS (Packt UK, 2018) and Unassailable: Protect Yourself from Deplatform Attacks & Cancel Culture.
Jesse Hirsh
Futurist, researcher and public speaker, Jesse Hirsh has been active in technology and commenting on it across the media for 25 years. His premium newsletter service operates from Metaviews.ca.
Charles Hugh Smith
Charles Hugh Smith is the author of numerous books and writes from OfTwoMinds.com.