The Coming Collapse of the Middle Class

Distinguished law scholar Elizabeth Warren teaches contract law, bankruptcy, and commercial law at Harvard Law School. She is an outspoken critic of America's credit economy, which she has linked to the continuing rise in bankruptcy among the middle-class.

The first six minutes of the video is the warm-up, but the video picks up steam from that point forward. Warren's presentation explains why the middle class has been losing purchaing power for almost 40 years. She gave this presentation back in January, 2008.

The Collapse of the Middle Class

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