YouTube:
A very long, but very good, video of a presentation given by Elizabeth Warren. Try to watch the whole thing for a very informative session.
You can buy her book The Two Income Trap at our Amazon store (just click the title).
Hat-tip Shockwave.
(3 votes)
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Comments
Very good video
she makes a lot of sense.
Got about 50 minutes through it
and the power went out. Just watched the end now.
And that was well worth watching. I am amazed at how much the middle class has already collapsed. I am not sure why they title it: "The coming collapse of the middle class: Higher risks, Lower Rewards and the Shrinking social safety net"
All of that is already upon us, as the data shows pretty clearly.
She knows the topic well enough to have called it.
I think we need her in government.
Ok... My bad.
That was a speech from before bankagedon, given in June 2007. That is the date given in the YouTube notes for the video. She (or they, whomever titled it?) got it right, I guess? I still think that data was scary bad without even having seen the mega collapse, yet, at that time.