I have trouble with someone who writes that they believe in free trade but fail to mention that what we have now is not fair trade. Without fair trade there is no free trade.
What a nutty post from someone who should know better. There has been no "decimation of the middle class" and forcing the average household to pay $4,000 in Trump Tariff Taxes is not "labor winning a single round".
"Nutty post"? How about nutty statements. Just curious as to what you consider middle class when you say there has been no decimation. I'm not aware of anyone who thinks the middle class hasn't been decimated and I have read and linked many economic articles over the10 years since the inception of https://nothingnewunderthesun2016.com/,
My news website, and prior to that for over 45 years.
Here's just one article from a couple of years ago: "How the American middle class has changed in the past five decades" - "The middle class, once the economic stratum of a clear majority of American adults, has steadily contracted in the past five decades. The share of adults who live in middle-class households fell from 61% in 1971 to 50% in 2021, according to a new Pew Research Center analysis of government data." - https://www.pewresearch.org/short-reads/2022/04/20/how-the-american-middle-class-has-changed-in-the-past-five-decades/
A simple Google search would turn up hundreds of articles about the demise of the middle class. It's been well documented.
Good read, linking today @https://nothingnewunderthesun2016.com/
Also a hat tip to Quoth the Raven for crossposting!!
I appreciate your humanity is a world of ideology.
Excellent post and perspective.
Recession is good is a heck of a take. I get it that it's an increasingly common one. But boy, that's where we are.
I have trouble with someone who writes that they believe in free trade but fail to mention that what we have now is not fair trade. Without fair trade there is no free trade.
What a nutty post from someone who should know better. There has been no "decimation of the middle class" and forcing the average household to pay $4,000 in Trump Tariff Taxes is not "labor winning a single round".
"Nutty post"? How about nutty statements. Just curious as to what you consider middle class when you say there has been no decimation. I'm not aware of anyone who thinks the middle class hasn't been decimated and I have read and linked many economic articles over the10 years since the inception of https://nothingnewunderthesun2016.com/,
My news website, and prior to that for over 45 years.
Here's just one article from a couple of years ago: "How the American middle class has changed in the past five decades" - "The middle class, once the economic stratum of a clear majority of American adults, has steadily contracted in the past five decades. The share of adults who live in middle-class households fell from 61% in 1971 to 50% in 2021, according to a new Pew Research Center analysis of government data." - https://www.pewresearch.org/short-reads/2022/04/20/how-the-american-middle-class-has-changed-in-the-past-five-decades/
A simple Google search would turn up hundreds of articles about the demise of the middle class. It's been well documented.
Hello Phil,
I hope this communique finds you in a moment of stillness. Have huge respect for your work.
We’ve just opened the first door of something we’ve been quietly crafting for years—
A work not meant for markets, but for reflection and memory.
Not designed to perform, but to endure.
It’s called The Silent Treasury.
A place where judgment is kept like firewood: dry, sacred, and meant for long winters.
Where trust, patience, and self-stewardship are treated as capital—more rare, perhaps, than liquidity itself.
This first piece speaks to a quiet truth we’ve long sat with:
Why many modern PE, VC, Hedge, Alt funds, SPAC, and rollups fracture before they truly root.
And what it means to build something meant to be left, not merely exited.
It’s not short. Or viral. But it’s built to last.
And if it speaks to something you’ve always known but rarely seen expressed,
then perhaps this work belongs in your world.
The publication link is enclosed, should you wish to open it.
https://helloin.substack.com/p/built-to-be-left?r=5i8pez
Warmly,
The Silent Treasury
A vault where wisdom echoes in stillness, and eternity breathes.