" If you're smart and a hard worker, but your parents aren't rich, you're now better off being born in Munich or Singapore than in Cleveland or New York."
This is another of those great, must-read books, which explains the overall big picture of what went wrong, by design, that is, and how it transfers wealth to the super-rich (by the fellow who brought us, "Inside Job" if I recall the movie title correctly?). The fantasy finance sector, which employs 7.8% of what remains of the "workforce in America" makes up the majority of the GDP today, and people still think we live in a consumer-based economy? ? ? ?