The Middle Class Is Steadily Eroding. Just Ask the Business World.

Thought this was a good article.

http://www.nytimes.com/2014/02/03/b...dily-eroding-just-ask-the-business-world.html

 

These have always made good headlines during the last 30 years.

• The Middle Class Is Steadily Eroding.
• We are running out of oil.
• The USD will not be the World reserve currency much longer.

 

If the Dow Jones keeps working lower, everybody will become a WalMart shopper. :eek:

 

except the shorts

 

Most countries tend to have the rich and the poor with very little in between. While there may be some sensationalism in these articles, the US had better be careful of becoming like those other countries.

 

That third bullet is a gold bug's favorite argument.