Quote:
Originally Posted by afc wimbledon
For most of the last 2000 years the wealthy were so much better off than everyone else as to be damn near a different species, the poor starved to death, the wealthy has servants by the hundreds to take care of their slightest whim.
During the last 100 years we have been lucky enough for the 'poor' to catch up with the wealthy to a great degree, we all eat about as well, most have a place to live that is heated, access to healthcare is pretty well equal, in the last decade the wealthy have benefited (as have all of us) to access to a massively devalued fiat currancy and vast amounts of easy credit to stimulate the economy.
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Yea, but you've ignored the fact that the middle class society, which has also always existed, is basically seeing themselves be pushed toward the poor.
In a consumer spending driven economy, that doesn't bode well for anyone.