The New American Standard of Living
Posted on October 21, 2011 at 13:22 PM EDT
In 2005, few people on the planet could afford Americans’ standard of living. Not even Americans. But now the wheel has turned. The US is facing financial reality. And yesterday, we gave you our most audacious forecast ever: the popolo minuto are headed for the barricades. Yes, dear reader, prepare for revolution, repression, and ruin. [...] The New American Standard of Living originally appeared in the Daily Reckoning . The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.