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The Middle Class Decline and the Coming Collapse

Good news! Well, not really. Anywhere from bad to unbelievably horrible, actually.

Daisy Luther discusses why it’s harder and harder to make it in the American middle class (HERE from LRC).

Picture by Pew.

“The middle class isn’t what it used to be. Once the “American Dream,”middle-class families are struggling for several reasons. Despite their incomes, they owe more and have saved less than ever before.”

-Luther

And, where is all this going? The future could be very stark, dark even. Howard Kunstler discusses the possibility of a civilization ending depression “worse than the fall of Rome.”

It likely won’t be that bad but it’s still something to think about.

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