American Presidential Politics and foreign affairs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : American Presidential Politics and foreign affairs

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RMF who wrote (41453)	2/26/2010 4:44:31 PM
From: DuckTapeSunroof	Read Replies (1) of 71588

Don't know if you have come across this yet. But, (IMO), this is a rolling avalanche of economic disaster and failure that is looming over us. Without a strong and expanding Middle Class America is not the America we grew up with... it becomes more like the kind of run-of-the-mill Third World Plutarchy we have despised for so long: Wealth Disparities in U.S. Approaching 1920s Levels 138 comments by: The Housing Time Bomb February 21, 2010 about: IYF / KBE / TLT / TBT seekingalpha.com This graph was an eye opener for me (not that I should be surprised).... (NOTE: chart data only goes as far as 2007. When the 2008 and 2009 data, encompassing the financial crash is added in, it's a safe bet that we are now in uncharted waters, with proportional wealth gains going to the top 1% at a HIGHER rate then even occurred during that 1920s period.)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next