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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (37145)	9/14/2005 3:09:16 PM
From: mishedlo	Read Replies (2) \| Respond to of 116555

Where do we go from here? The corporate world and the US Government have essentially merged. It's increasingly difficult to tell one from the other. Mussolini had a name for that but that's beyond the scope of my essay here. ... ... We're watching the middle class evaporate, and the poverty level rise as the debts pile up and the cost of living for ordinary Americans greatly outpaces wage gains. Americans across the board, with the exception of what is becoming the ruling elite are working harder as they watch their standard of living decline and cost of living increase relative to what they earn. Demographically, it is clear that a greater and greater percentage of the total wealth is being concentrated in a smaller and smaller percentage of the population in a decades long trend which is now accelerating. 321gold.com