Empire of Empty Dreams: “Chances of Securing a Better Life Are Declining”

This article was written by Charles Hugh Smith and originally published at his Of Two Minds blog.

Editor’s Comment: History has many lessons to reveal to those who bother to pay attention. But closer to the ground in modern America, ordinary and even above average people are finding it increasingly difficult to make ends meet, to avoid an avalanche of debt, and to make any kind of true, upwardly mobile progress.

Indeed, it seems that the ‘dream’ of a better life for those who work hard to achieve it has been replaced by a cruel illusion, and a crumbling powers-that-be ruling class at the top. As difficult as it is to imagine, economically, the middle class is being pushed back into the hierarchy of…

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