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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More layoffs are hitting Middle Tennessee

Two Middle Tennessee companies laying off combined 1,800 workers NASHVILLE, Tenn. (WZTV) — More layoffs are hitting Middle Tennessee as two Midstate companies plan to let go of nearly 2,000 workers combined. National Aerospace Solutions, LLC (NAS) in Tullahoma filed an …

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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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