Middle Class Wages / Debt —> Looming Storms?

By | October 5, 2017

here is the accompanying quote from the author:  “The U.S. middle class suffers from stagnant wages, and has not seen an increase in their standard of living in nearly 20 years. This is not sustainable in a consumer-based economy. At some point, debt availability will run out and consumers will have to drastically lower their level of consumption, triggering a drop off in economic activity.”

 

Source:  https://seekingalpha.com/article/4111596-ignore-risks

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