Sunday, 3 April 2016

The Great Divide: The Death Of The Middle Class | Zero Hedge

The Great Divide: The Death Of The Middle Class


Several months ago, a chart produced by one of the Big Banks was presented to readers It was supposed to be innocuous data on global wealth distribution, but instead portrayed a horrifying picture.
 
The focal point of the aforementioned article was that when it came to “the world’s poorest people,” the Corrupt West has now produced a greater percentage of severe poverty in its own populations than in India, and an equal percentage of such poverty as exists in Africa.
Stacked beside this, we see that when it comes to the richest-of-the-rich, the Corrupt West remains in a league of its own. Supposedly, we are living in “the New Normal,” where life is supposed to get increasingly harder and harder. So why does the New Normal never affect those on top?
Of course all of these extremely poor people being manufactured by our governments (as these regimes give away our jobs, destroy wages, and eviscerate our social programs) have to come from somewhere. Certainly they don’t come from the Wealthy Class.

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