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Chrystia Freeland, the author of Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else and the editor of Thomson Reuters Digital, will join us here on Wednesday, Nov. 28 at 7 PM ET for a live chat to answer your questions about her book.
Reuter’s Digital Editor Chrystia Freeland explained the global growth of the plutocracy, the economic and technological drivers behind the growth of small sectors of super wealth, the impact of the bubble the plutocrats live in globally, the challenge the left … Continue reading →
A common theme that I have come across while researching and studying on how not to be broke is this: the middle class is disappearing. Have you ever seen the movies Elysium, In Time, and Looper? If you notice (or if you haven't watched it) there is no middle class: there are only the rich and the poor.
We, the middle class, are currently in a situation similiar to the frog in the boiling pot. We, like the frog, don't know know that while we are sitting in comfortable warm water, the situation will soon become unbearable and by then, it will be to late to save ourselves.
On tonight's radio show, we will talk about the trends that point to this future, what the super rich are doing about it, and how our current action steps determine which class we will end up in.