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Only the rich are middle class

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Cornfed
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Only the rich are middle class

Post by Cornfed » May 22nd, 2014, 4:10 am

Article pointing out that only the top 20% would be regarded as middle class by traditional standards. The bottom 80% of the population would now be considered working class or poor.

http://www.zerohedge.com/news/2014-05-0 ... -lifestyle

Moretorque
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Post by Moretorque » May 24th, 2014, 8:13 pm

The money multipliers are the main cause of all the acceleration of this phenomenon at such a record pace.
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