Europe's middle class is doing better than America's over past 2 decades

Europe's middle class is doing better than America's over past 2 decades(businessinsider.com)

3 points by sofard 4 years ago | 1 comment

sofard 4 years ago |

There's a lot that's not going right for Europe, but it's interesting to see that two things in the US have really stunted the middle class: student loans and monetization of real estate as a store of wealth. Essentially the financialization of everything is making people poorer.

sofard 4 years ago |

There's a lot that's not going right for Europe, but it's interesting to see that two things in the US have really stunted the middle class: student loans and monetization of real estate as a store of wealth. Essentially the financialization of everything is making people poorer.