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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Snowshoe who wrote (940)8/10/2018 3:23:18 AM
From: elmatador  Read Replies (1) of 13801
 
There will be less and less % of Middle Classes among the overall population.

If your parents worked hard and gave the kids an education, they would be able to keep middle class status.

Not anymore.

In Germany even at high school level pone could get a middle class life style. Once capital moved to China, the jobs for the High Schoolers left the country never to return.

The level of ambition of poor people is to ascend to middle class and then stop there. That is why you have plane loads of Indians, Africans, LATAM and Eastern Europeans vying to move to advanced countries,
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