“In economic panics throughout history, the wiping out of the savings accounts of lower earners and the middle class has often led to social revolution, sometimes violent upheavals.” SometimesSocialClassEconomicMiddleRevolutionAccountsViolentSavingMiddle ClassPanicSavingsUpheavalSocial RevolutionSavings AccountsWiping Out Author:Nick Clooney
“When runaway inflation and bank failures struck in Germany in the 1920s, the middle class was destroyed, which led directly to the rise of the Nazis.” ClassMiddleDestroyedGermanyMiddle ClassNaziInflationRunaway Author:Nick Clooney
