The Shrinking MIDDLE Class
Saturday, February 13, 2010
The rich are getting richer, and everyone else is getting poorer. The world economies are heading into 2-class societies: the rich and the poor....
In other words, the middle class is being wiped out!!! Today in Japan, you are either rich or poor. The same thing is happening in many other countries.
Question: Why is this happening?
- Value of the dollar falling
- National debt increasing
- Baby boomers starting to retire
- Oil prices rising
- Gap increasing between the rich and everyone else
- Wages decreasing
- Jobs being exported
- Social Security and Medicare going bankrupt
- Savings being wiped out
- Lack of financial education being taught
Source: Why We Want You to Be Rich: Two Men - One Message
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