Now, to follow up on the last blog, What Matters ..., I present an excerpt from Charles Hugh Smith's latest blog, Our Phantom Middle Class . And most of us are the phantoms Smith is talking about. Recall that in What Matters we presented Smith's concept of financialization:
The Phantom Middle Class
The Phantom Middle Class
The Phantom Middle Class
Now, to follow up on the last blog, What Matters ..., I present an excerpt from Charles Hugh Smith's latest blog, Our Phantom Middle Class . And most of us are the phantoms Smith is talking about. Recall that in What Matters we presented Smith's concept of financialization: