SI
SI
discoversearch

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.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: arun gera who wrote (108837)6/22/2010 9:25:14 AM
From: Horgad3 Recommendations  Read Replies (1) of 110194
 
I don't think they are patient or were fattening us for the slaughter rather I think its a battle between viewpoints:

1. The rich and prudent know that a middle class with some upwards mobility promotes stability and makes it so you don't have to travel to work in an armored car with body guards or worry too much about your relatives getting kidnapped.

2. But then there are the greedy (or possibly foreign rich) that are after power and money at any cost and view an upwards mobile middle class as a threat to their own high place in society.

There was a lot of ebb and flow between the two views for a good portion of US history, but the latter view has had the upper hand for a good chunk of time now. So maybe the battle is lost...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News