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The Top 10% Is Doing Just Fine, The Middle Class Is Dying on the Vine

The Top 10% Is Doing Just Fine, The Middle Class Is Dying on the Vine Published: February 9, 2021 Please study these charts as a means of understanding the inevitability of economic stagnation and a revolt of the decapitalized middle class. Ive been covering the decline of Americas middle class for over a decadeĀ with charts, data and commentary on theĀ social depressionĀ that has accompanied the decline. While there are many mutually reinforcing dynamics in this 45-year decline--demographics, ...
United States Ilya Prigogine Charles Hugh Smith Foreign Affairs Federal Reserve Financial Aristocracy

Our Fragile, Brittle Stock Market – Investment Watch

This heavily managed ā€˜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-solidĀ and that any decline is an enormous opportunity toĀ  buy the dip. That this has worked splendidly for the past 13 years cannot be denied. This doesn’t necessarily guarantee the next 13 years will merely be an extension of the same trend.Ā The market’s sources of fragility and brittleness are well cloaked...
John Maynard Keynes Alan Greenspan Charles Hugh Smith International Monetary Fund Foreign Affairs Global Financial Meltdown

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