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by Kerry Lutz, Financial Survival Network:
John Rubino notes that the death of the middle class is really happening now, literally. White middle aged males are dying at an alarmingly high rate. Totally messing with the mortality tables. As Hemingway said when asked how he went bankrupt in The Sun Also Rises, “Two ways, gradually and then suddenly.” It’s one thing to never have anything, but it’s another altogether to have and then to lose it all. That’s what the middle class has been experiencing and why they elected Donald Trump. But the market and perhaps the middle class is in for a rude awakening. Perhaps no one can solve these insoluble problems, not even The Donald!
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