The Coming Collapse of the Middle Class

[Vish_ram]

interesting speech by Elizabeth Warren

 

 

thanks to google, i found the pdf that has the pics that she is showing in the presentation

http://www.yale.edu/law/leo/052005/papers/Warren.pdf

 

this came in 2008, she was prescient. look at recent wsj article about P&G Hourglass strategy and Fairfax's bet on falling CPI

 

[lessthaniv]

Enjoyed that.

Thanks for posting.

 

<IV

[Myth465]

Enjoyed that.

Thanks for posting.

 

<IV

[KFRCanuk]

I feel that there is a huge pressure going forward to take equity out of your own home in order to spend more.

 

Lenders and social circles make it too easy.