Monday, April 28, 2014

Decline of US Middle Class – Karl Denninger on Fed Policy

Our lead story: America’s middle class has long been the most affluent in the world. However, new data shows that the US has lost that honor, especially in lower and middle tier income brackets. It’s probably no surprise to learn, America’s wealthiest have outpaced many of their global peers. Erin takes a look.After the break, Erin joins blogger and former white collar caper Sam Antar to talk about some of the recent cases in white collar crime. Take a look on his view of Herbalife and Banamex. Then, Erin brings you part two of her interview with Karl Denninger. He talks about Fed policy, big banks, and fiat currency. Check it out.In today’s Big Deal, Edward Harrison sits down with Erin to look at mobile home economics. Turns out some investors are getting into the trailer park business for its double wide returns. Check it out.

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