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ranbotrader
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The Death of the American Middle Class with Graham Mehl

- Andy Sutton -

This is one of the clearest and well written articles I have ever read. No lies. No con. No self interest. No omitting the facts. Well done Andy. Your presence will be missed.

We all feel the middle class under attack, everywhere in the world. This is coming from the top end of society: the rich, the 1%, the establishemnt, who live with the notion that they produce wealth and should not have to pay tax and that taxes should be borne by the poor and the middle class alone. The top end is paying less and less and still crowing for more tax cuts, but these have to come from somewhere.....so the poor and the middle class pay, and are expected to suffer and be pushed into destitution whilst the (documented) increase in wealth at the top continues unabated.

I will disagree with you Andy that how America will be paying its huge debt. I am more thinking that those in charge have a plan to continue weakening the dollar (still waiting for that) so that it eventually collapses and a hyperinflation stage ensues. Only then will America offer to repay its debt. The Chinese will not be impressed at being dudded, but having the new reserve currency it will exact vengeance on the country which sold it out. THE CHINESE NEVER FORGET. The establishment should be aware of that.

I find it interesting that my genY children live in a fool's paradise of media making and no matter what I say they fail to understand that the current largesse is not the bottomless pit they believe in. If nothing else perhaps we are heading to a place where the many who live on Facebook, with no concept of the real world, will be educated. Sadly, as always, average Joes will be decimated. The establishment is good at fleecing average citizens and this will never change.

Commented 3514 days ago

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Beginning of the headline :In what will be our final installment together, at least for the foreseeable future, Andy and I will look at the sole largest reason for the current circumstances in which nearly the entire Western world finds itself. We end not our friendship nor our collegial working relationship, but have mutually reached the decision that these collaborations are no longer generating benefits anywhere near the expenditures required to produce them. The title of this piece explains i... Read More

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