So, I am chunking these posts now. I don't think it makes a lot of sense to write everything at once, trying to be as comprehensive as possible by fitting a ridiculous amount of text into one post. So I tend to write in chunks. This is a follow on to my post on the global economy this morning.
The theory of middle class insecurity
If I could summarize my thesis, it would be this: the reigning economic paradigm in the West has destabilized the economic security of its middle class. And while this had been true for quite a number of years before the Great Financial Crisis, the trauma of a financial crisis made electorates unwilling to accept the instability.
Now, I focus on economic insecurity. But, often times, we are talking about cultural insecurity as well due to mass migration. And it'...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.