from King World News
Gerald Celente just issued this shocking new forecast about America.
Can’t Afford The “American Dream?”
January 12 (King World News) – Gerald Celente: A $100,000 annual household income, thought not long ago to be a ticket to the upper middle class, can no longer guarantee the “American Dream” of a single-family home in the suburbs, two cars in the garage, a child or two, and a college fund for the kids, according to a recent analysis by Business Insider (BI).
The median price of a U.S. home was $7,354 in 1950 and $11,900 in 1960, according to census bureau data cited. When adjusted for inflation, those prices would rise to $85,000 and $111,000 in 2021 dollars, respectively.