Thursday, November 21, 2024

 

An Old Quote

That is True as if Written Today!

People generally fall into an economic class because of their psychology and their values. Each of the three classes has a characteristic psychological profile.

For the lower class, it’s apathy. They have nothing, they’re ground down and they don’t really care. They’re not in the game, and they aren’t going to do anything; they’re resigned to their fate.

For the upper class, it’s greed and arrogance. They have everything, and they think they deserve it – whether they do or not.

The middle class – at least in today’s world – is run by fear. Fear that they’re only a paycheck away from falling into the lower class. Fear that they can’t pay their debts or borrow more. Fear that they don’t have a realistic prospect of improving themselves.”    - Doug Casey


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