What's Killing The Middle Class? (Part 2)
Authored by Charles Hugh-Smith via OfTwoMinds blog,
The Powers That Be are perfectly fine with your transition to proletarian debt-serf.
Yesterday we covered the usual suspects in the decline of the middle class as a financial-political bulwark against oligarchy / dominance of rentier elites: globalization, automation and the asymmetric distribution of rewards favoring the few over the many.