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System Implosion as Western Empire Declines with Professor Richard Wolff

WTFinance

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The Decline of the American Middle Class

This chapter examines the historical significance of the American middle class and its erosion due to economic changes and government policies. It discusses the deepening wealth divide, financial challenges facing the U.S., and the implications of tariffs on trade and alliances. Additionally, the chapter highlights the shift in the automotive industry towards electric vehicles and the adverse effects of tariffs on American consumers and businesses.

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