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RE: Weak Economy, Weak Hands, and a Weak Dollar … (Death of the Dollar–18) with Link to Full Story
Dear @majes.tytyty
In my opinion we're witnessing two important things:
- middle class vanishing across many developed countries
- slowly raise of "asset class" - people who have some assets.
Those without any assets and relying stricly on FIAT may have a hard time in upcoming future.
Cheers
Piotr
Yep, precisely. A massive wealth transfer is underway, and it will lead to a more massive wealth gap. Essentially, the middle class will vanish (as you pointed out).
And a society / economy without a healthy and vibrant middle class is neither healthy nor vibrant. It's doomed.
Let's hope we can survive the coming collapse and help our families, friends, and neighbours as best we can. Maybe we can do so thru "Hopeful Projects" of various types.
Cheers.