The internet has been on FIRE about Bitcoin lately. For many, it’s a mysterious subject: a sort of invisible currency, floating around in the ether and whispering promises of lucrative investment opportunities. To others, it’s an old one – Bitcoin has actually been around for almost a decade. So why is it suddenly flooding social media timelines and news feeds across the web? The answer is more fascinating than you might think.
A strong middle class is critical to economic success. It’s what set America apart back in the day. It’s what led to a robust infrastructure, educational system, entrepreneurism, thriving industry and consumer spending. Rampant income inequality, on the other hand, sparked the Great Recession. Credit Suisse just released its annual global wealth report, and it seems to signal peril for the middle class. According to the latest Social Security Administration figures, more than half of all[...]