“What’s Killing The Middle Class?” Financial Planning consequences.

May 14, 2017

Sign Up for Weekly Insights

Keep abreast of the latest changes in the markets and the economy as a whole by signing up for the Weekly Insights newsletter. Every week, Chris Belchamber tells you what’s on his mind when he’s thinking about his clients’ investments. Our blogs, emails, and postings on social media provide key insights as well as updates on strategies, backed with cutting edge research explained in terms investors can understand quickly

“The rising asymmetry of rewards within our economy has many drivers.

If you read the dozens of articles on the decline of the middle class in the mainstream (corporate) media, you soon discover there’s a short list of the usual suspects:

1. Globalization / outsourcing

2. Technological changes / automation

3. “Winner take all” asymmetry in rewards for specialized skills

Clearly, each of these has squeezed the incomes of all those between the jobless poor and the wealthy reaping the lion’s share of the rewards from globalization and technological change.














All these factors are consequential, but they conveniently leave out the politically explosive dynamics that are enriching the political and financial elites (the few) at the expense of the middle class (the many).”
Charles Hugh Smith


“I hope you won’t be too shocked that the core dynamic driving middle class decline is the way we create and distribute money, i.e. central-planning by central banks.

The federal government (the state) now funds and enforces rentier-cartels that have pushed the cost of healthcare and education through the roof.
















The financial sector has financialized the core services that enabled a middle class: housing, higher education and healthcare.













The globalized state-cartel system optimizes corporations over small business and social / local enterprises.”














These are the systemic forces that the central banks are pulling out all the stops to protect and extend for as long as possible.



How Debt Matters. Many Countries Face Either Crisis Or Stagnation.


More Info


Start Today

Investing like the best can lower your stress and risk levels while bringing you higher, long-term returns. It can provide a stable platform for planning and give you more financial security now and for the rest of your life. Let’s get started.