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TahitiNut
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Thu Jul-28-05 04:39 PM Response to Original message |
| 10. I don't think it'll take 20 years. |
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Edited on Thu Jul-28-05 05:25 PM by TahitiNut
The US Gini Coefficient is around 0.45 right now and will be above 0.46 in 2008, by my estimates. I think the housing bubble will show major fractures this coming winter. I have a gut feel that the 'middle class' is already an endangered species and will be, for all intents and purposes, replaced by a "phantom" by 2010.
The rate of increase in the Gini Coefficient resulting from GWB policies and predation will equal or exceed what we saw in 1991-92, the realization of Poppy Bush predations.  |
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