Great Recession

8 Financial Experts Warn That A Great Financial Crisis Is Imminent

Will there be a financial collapse in the United States before the end of 2015?  An increasing number of respected financial experts are now warning that we are right on the verge of another great economic crisis.  Of course that doesn’t mean that it will happen.  Experts have been wrong before.  But without a doubt,…
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Middle Class? What Middle Class?

A complex class system exists in the United States, but the mass media and political rhetoric generally reduces it to three components — one middle class, and two economic generalizations — rich and the poor. Indeed the term “class” itself, as a means of defining the economic and social status of the population, has been fading away. There are, of course, a number of other classes, particularly the all-important capitalist class.