TSP Rewind – Downward Class Migration – Epi-228

Today is an episode of TSP Rewind, commercial free versions of past podcast episodes. Today’s episode was originally Episode-761- Downward Class Migration and originally aired on Oct 12th, 2011. The notes below are the original notes from that episode. I have been predicting downward class migration in the coming years but the more research I do the more I realize that it is actively occurring and has been for the last 50 years. In reality it is only the illusions created by easy consumer level debt that has hidden the drop in class level over the past few decades. The … Continue reading →