Disclaimer

Oftentimes I will write of things that pertain to our family owned business 'Primal Aspects' but understand the views expressed here are my own and not necessarily those of 'Primal Aspects'.

Friday, January 27, 2012

Downward Class Migration

In this video Jack Spirko talks about the slippage that has occurred over the past several decades in what it means to be middle class in America. How it's not just that Joe Blow has fallen out of the upper middle class and into the lower middle class but that what it takes to stay in a class position has changed. What roles debt financing play in this and how you can insulate yourself to some degree from it. Well worth checking out!



Resources:


The Survival Podcast Episode 761 - Downward Class Migration - More discussion on this topic.

Posted by at 5:30 AM
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1 COMMENTS - THROW IN YOUR TWO CENTS!:

  1. I know it seems like the faster we run the more someone cranks up the speed on the treadmill.

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