The Ghetto-ization Of American Life
Zero Hedge -

The Ghetto-ization Of American Life Authored by Charles Hugh Smith via OfTwoMinds blog, Behind the facade of normalization, even high-income lifestyles have been ghetto-ized. Consider the defining characteristics of a ghetto: 1. The residents can't afford to live elsewhere. 2. Everything is a rip-off because options are limited and retailers / service providers know residents have no other choice or must go to extraordinary effort to get better quality or a lower price. 3....

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