From PRESSTV.COM:
The American middle class is on the verge of disappearing, while the United States, itself, is in danger of becoming a third world country, a leading German newspaper says.
According to an article appearing in the German newspaper, Der Spiegel, the negative consequences of the global financial crisis include a widened social class rift and the elimination of the middle class in the US.
The article states that many Americans are beginning to realize that the American Dream has now become a nightmare as people are having to face the bitter reality of a shrinking job market along with decades of stagnating wages and dramatic increases in inequality…
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