> the plight of the high-income, low-wealth American is getting worse
Solution is pretty simple. Reduce status signalling (leisure class activities and purchases) and start saving. This is what the Japanese did once the cheap credit taps were turned off. Its not the end of the world.
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[ 6.5 ms ] story [ 22.9 ms ] threadSolution is pretty simple. Reduce status signalling (leisure class activities and purchases) and start saving. This is what the Japanese did once the cheap credit taps were turned off. Its not the end of the world.