The Fed-Induced Demise Of The American Dream (In 1 Simple Chart)

1 Reply

More real news…..

Mountain Republic

The trickle-down is not working…the middle-class is tapped out

The Fed-Induced Demise Of The American Dream (In 1 Simple Chart)

Tyler Durden
Zerohedge

Thanks to free and abundant credit to those at the front of the line, home prices have soared in the last few years as “smart” hedge fund managers have bought homes-to-rent in a yield-grab with both hands and feet. This – as we have noted numerous times – priced out the ‘real’ buyer; who this time, instead of being driven by a “fear of missing out”, would rather not play (only to be left holding the bag). Another unintended consequence courtesy of The Fed’s “main-street-helping” actions that has destroyed the American Dream for a declining middle class.

Fewer Americans think it’s a good time to buy a home than at any time in the last 4 years… “recovery”!

The trickle-down is not working… the middle-class is tapped out (and releveraging just to get by)… and the Fed’s…

View original post 22 more words

Advertisements

One thought on “The Fed-Induced Demise Of The American Dream (In 1 Simple Chart)”

  1. Carl D'Agostino

    Today the American dream for far too many is being only 1 month behind with all your bills. A good health plan is “don’t get sick” and a tooth brush is the dental plan.

    Reply ↓

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out / Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out / Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out / Change )

Google+ photo

You are commenting using your Google+ account. ( Log Out / Change )

Cancel

Connecting to %s