impoverished

A Low-Trust Society Is an Impoverished Society

Authored by Charles Hugh-Smith via oftwominds, The sole remaining reservoirs of trust in American life are personal networks, local enterprises and local institutions. It’s not exactly news that social trust has declined significantly in the United States. Surveys find that public trust in institutions and the professional classes that dominate those institutions has cratered. (see chart …

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The Middle Class Is Increasingly Becoming “The Impoverished Class”, And The Poor Are Increasingly Being Pushed Into The Streets

by Michael America’s middle class is being systematically eviscerated.  When the Federal Reserve pumped trillions of dollars into the financial system during the pandemic, most Americans didn’t realize what that would do to them.  That money certainly made the wealthy a whole lot wealthier, but it also dramatically increased the cost of living for the …

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