SNIP
>>
>>Interesting.....I have never seen it put more succinctly before...It IS true in my part of the US...The money, however, for now, remains where it always has...The "have's" have more and the "have nots" remain about the same.
>
>Not so - the have nots have less. Check the statistics for the last 30 years.
>
>And this creates the imbalance which will have to be addressed once, or it will address itself.

Exactly right, Dragan.
It's hard for people to see what they don't want to see. And right now "the system" is covering it up very well. Schooling is 'teaching' fluff more aimed at making good consumers than smart people. The media is basically showing fluff.
Our governments (Canada & U.S. at least) have to be bullshi*ting us as regards the economy. How can it be that lay-offs are at an all-time high yet 'the consumer continues to drive the economy' (they tell us)???? It could be that the "haves" are doing all the spending I suppose, but I doubt that there are enough of them to have the impact claimed. So I figure that either the "have nots" are spending on credit or the government is lying. And if it is credit spending that's really keeping things going, the bubble has to burst soon.
Jim