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


To: Steve Lokness who wrote (72675)12/23/2007 11:53:53 AM
From: Mike Johnston  Respond to of 116555
 
Unfortunately, a big chunk of what is now the middle class will sink into poverty. The new middle class will be at 100-200K family income, and it will be just enough to get by, while the 50K guys are really in for some rough sledding.