Gutting the Middle Class - elite/WEF goal allegedly is succeeding per Charles Hugh Smith, a financial writer.
*There will be a part 2 to Adrenochrome and Schizophrenia - We NEED to recognize that anyone using 'adrenochrome' for anti-aging purposes is likely being affected in their thinking -> loss of empathy
One of those financial investment emails had a good point that I want to share - the US middle class has dwindled to very few households. AND allegedly that has been an openly stated goal of the Great Reset-ers - they want to reduce the security of the Middle Class because people who are more desperate, (hungry, cold, no clear prospect for earning money or growing food), will be more likely to simply accept the handouts and restrictions that they are given by those in control of police and government money.
The following is an excerpt of an email written by Charles Hugh Smith (a financial service email, but he links to his own Substack at the end of the email). The too long;didn’t read (tl;dr) ~ if you are living paycheck to paycheck and not setting anything aside for your own retirement or for building up your kids, then you are not really Middle Class. If you/someone in your family is receiving government assistance that has financial eligibility criteria, then you are not really Middle Class/self sufficient.
The email asks if I still am Middle Class, and no, I haven’t been since getting divorced. My parents were/are, not because my dad made a ton of money with his salary, but because he saved it well and invested it (and lost a bunch in 2008 but not all of it). I had a stay-at-home mom at a time when more and more kids didn’t - but many still did - 1970s.
The following list is useful for considering what we need to do to try to be more secure from ~ Great Reset plans. #1 though - meaningful health care insurance is only as useful as the health care system is that it is purchasing access to. Our health care system in the US has not been useful if you wanted to stay alive during CoV scamdemic instead of being killed with Remdesivir or sedate/vent protocols. So “meaningful” health care insurance might be self education and stocking up on pomegranate and citrus peel and essential oils or phytonutrient extracts like Sweet Wormwood. Counting on the cullers to help you with your healthcare is FOOLISH. Please note that.
What It Takes to Be Middle Class
In “Why the Middle Class Is Doomed” (April 2012) I listed five "threshold" characteristics of membership in the middle class:
1. Meaningful health care insurance (i.e. not phantom coverage that only kicks in after thousands of dollars are paid in cash).
2. Significant equity (25–50%) in a home or other real estate.
3. Income/expenses that enable the household to save at least 6% of its net income.
4. Significant retirement funds: 401(k)s, IRAs, etc.
5. The ability to service all debt and expenses over the medium term if one of the primary household wage earners loses their job.
I then added a taken-for-granted sixth:
6. Reliable vehicles for each wage earner that are fully covered by insurance.
Author Chris Sullins suggested adding these additional thresholds:
7. If a household requires government assistance (SNAP, Medicaid, rent subsidies, etc.) to maintain the family lifestyle, their middle class status is in doubt.
8. A percentage of non-financial hard assets such as family heirlooms, precious metals, business equity, rental income property, land, etc. that can be transferred to the next generation, i.e. generational wealth.
9. Ability to invest in offspring (education, extracurricular clubs/training, etc.).
10. Leisure time devoted to the maintenance of physical/spiritual/mental fitness.
Correspondent Mark G. suggested two more features:
11. Continual accumulation of human and social capital (adding new skills, expanding social networks and markets for one's services, etc.)
And the money shot:
12. Family ownership of income-producing assets such as rental properties, bonds, etc.
The key point of these thresholds is that propping up a precarious illusion of consumption and status signifiers does not qualify as middle class.
To qualify as middle class (that is, what was considered middle class a generation or two ago), the household must actually own/control wealth that won't vanish if the investment bubble du jour pops, and won't be wiped out by a medical emergency.
In Chris' phrase, "They should be focusing resources on the next generation and passing on generational wealth" as opposed to "keeping up appearances" via aspirational consumption financed with debt.
The math is discussed, of how much income per year would likely be needed to have the level of financial security itemized in the above list. $100,000 is currently used within a government definition of Middle Class, but Charles Hugh Smith suggests $150,000 is more realistic, especially in higher priced metro areas. In many urban areas now, a yearly income of $100,000 wouldn’t support a single person very easily, let alone house and feed a small family.
Animal populations that become overcrowded consistently show changes in rate of animals with gender confusion in their behavior - feminized males and aggressive females who want to mount others like a male would. *Addition from a comment thanks for the human kindness! The research on rodent populations was by John Calhoun at the National Institute of Mental Health, (NIMH). (sciencehistory.org/stories/magazine/mouse-heaven-or-mouse-hell/)
Endocrine disrupting chemicals are causal but the increased stress and crowding may also be impacting human development in ways that lead to gender dysphoria or other personality difficulties.
Disclaimer: This information is being provided for educational purposes within the guidelines of Fair Use and is not intended to provide individual health care guidance.
The middle-class has been incrementally being wiped out for a couple of decades. We have new categories of what I call, "upper poor", "middle-class pov", and "destitute".
This coincides with, "filthy rich", "insanely wealthy", and "meglomaniacal monied".😉
Same 💩, different numbers.
oops, this is what I meant to put here:
https://dailyclout.io/dr-michael-nehls-mrna-injections-erase-autobiographical-memory-in-hippocampus/?fbclid=IwAR1Ppb3ttYVpbA1woazCrufUKvmNIHOmWrw6zwxV5C4oUrmxPCiVJUNmJR4
I can't stop thinking about this. I'm not sure how it relates to the concept of middle class... but it does talk about loss of empathy. anyway I need to go outside and clear my head. I hope someone finds this interesting!