Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Monday, 22 April 2019
Americans Drowning in Debt, Unable to Save
New numbers paint a troubling picture of middle-income Americans’ financial preparedness. 78 percent of households in the US live paycheck to paycheck and 40 percent don’t have enough money to cover emergency bills. There is also a growing problem of overspending and ballooning household credit card debt. RT America’s John Huddy joins News.Views.Hughes with the details.
