Third, for all the encouraging statistics about the Dow Jones, unemployment and growth, the reality is that the US society is rapidly transforming itself in a three-tired one: on top, a small number of obscenely rich people, under them, a certain amount of qualified professionals who service the filthy rich and who struggle to maintain a lifestyle which in the past was associated with the middle-class. And then the vast majority of Americans who basically are looking at making “minimal wage plus a little something” and who basically survive by not paying for health insurance, by typically working two jobs, by eating cheap and unhealthy “prolefeed” and by giving up on that which every American worker could enjoy in the 1950s and 1960s (have one parent at home, have paid holidays, a second vacation home, etc.). Americans are mostly hard workers and, so far, most of them are surviving, but they are mostly one paycheck away from seriously bad poverty. A lot of them only make ends meet because they get help from their parents and grand-parents (the same is true of southern Europe, by the way). A large segment of the US population now survives only because of Walmart and the Dollar Store. Once that fails, food stamps are the last option. That, or jail, of course.
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The men who control the economies of . Asia are unimaginably rich and powerful. They gamble at golf for US$2 million a hole. This is - for the first time ever - the explosive story of how they make, build and hold on to their fortunes.
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