“The number one sign,” Glenn read, “The poorest 40 percent of Americans now spend more than 50 percent of their incomes just on food and housing. For those Americans that don’t own a home, 50 percent of them spend a third of their incomes just on rent.”More startling facts on the list include more than 50 percent of all American workers bring home less than $30,000 a year. Additionally, adjusted for inflation, median household income has fallen nearly $5,000 since 2007. The typical American household is now worth 36 percent less than it was ten years ago.
The full list of 19 from Zero Hedge is noted below:"
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