I am re-posting this to emphasize as a sort of companion piece to yesterday’s post about the dwindling middle class.
Is it Real or is it Just an Illusion
Now here is the rest of the story. The middle-class, which is actually the credit class, is an invention to generate wealth for those on top and to serve as a buffer or a kind of protection against those on the bottom rung of the social and economic ladder. It is an artificial class supported by the credit industry. There can be no other logical reason for it to exist. And because there is no foundation in financial reality it is just a tool to be used when the job calls for it. If the lower class is getting restless call out the middle class, when more money is needed at the top, you do the same. The so-called middle class has been led to believe that they can, with hard work and determination, live the American dream. But…
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