China’s Middle Class Is Disappearing

China once enjoyed an optimistic and confident middle class. It supported the economy’s growth path with sometimes exuberant spending and aggressive investing. Sadly, those millions are now losing ground, with many slipping back toward poverty. This is no small problem …

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America’s Biggest Asset Class Is in Terrible Shape

For decades, home ownership was considered the foundation of middle class prosperity. Now that foundation’s crumbling… From Peter Reagan for Birch Gold Group According to one index, U.S. consumers are suffering through historically bad home buying conditions. This fact was recently …

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Low class gotcha journalism…

Don Lemon asked Elon Musk about his personal medical prescription in a public interview. Elon was kind enough to answer him. Shame on you Don❗ 📹 youtube/thedonlemonshow pic.twitter.com/Lr3FU4VrBt — DogeDesigner (@cb_doge) March 18, 2024 Elon Musk tries to explain how …

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The Sisyphus Economy! Top 1% Of Earners Gaining Wealth Relative To Middle Class Thanks To The Federal Reserve And Federal Government Policies (Top 1% Have More Wealth Than The Middle Class)

by confoundedinterest17 According to mythology, Hades made King Sisyphus roll a huge boulder endlessly up a steep hill in Tartarus. Unfortunately, the modern day version of Sisyphus is the middle class pushing a boulder endlessly up a steep hill while the top …

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Upper middle class are struggling.

Trend emerging… Excess savings gone. Lag effects feeding through. Student loans back on. pic.twitter.com/1hjq2GnH7Q — Geiger Capital (@Geiger_Capital) November 21, 2023 Best Buy cuts sales forecast, as holiday shoppers hunt for deals. “CEO Corie Barry said consumer demand ‘has been even …

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We WILL Get Fooled Again! Purchasing Power Of US Dollar DOWN -15% Under China Joe Biden (Top 1% Doing Great Under Bidenomics, Not The Middle Class)

by confoundedinterest17 Republicans elected Mike Johnson from Louisiana as House Speaker, then were surprised when Johnson agreed with big spending Senators McConnell and Schumer on Biden’s mega spendathon. Also, several Republicans voted with Democrats NOT to impeach Cuba Pete (Mayorkas) for allowing …

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“Boodle Biden” Strikes Again! Biden Announces $16.4B in New Funding For Amtrak’s Northeast Corridor (For Middle Class Consumers, Borrowing Costs Rising, Housing Prices Rising, Banks Cautious About Consumer Lending, Shipper Maersk Announces Plans To Cut At Least 10,000 Jobs)

by confoundedinterest17 President Joe Biden and his boss Barack Obama remind me of the legendary corrupt Chicago politicians First Ward Alderman Michael “Hinky Dink” McKenna and “Bathhouse” John Coughlin. And their love of “boodle” (a slang term money, gained (Biden family payoffs …

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