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The Barbell Economy: Why The Middle Is Vanishing
The Barbell Economy: Why The Middle Is Vanishing
Authored by Tamuz Itai via The Epoch Times,
There’s a pattern quietly reshaping daily life, work, and society itself. Economists now call it the “barbell economy.” Value, growth, and opportunity concentrate at the two extremes—ultra-cheap utility on one end, premium experience and status on the other—while the broad, reasonable middle thins out. Once you start noticing it, you can’t unsee it. And the data show it isn’t a fleeting trend.
Start with something as ordinary as dinner. Fast-food drive-throughs, delivery apps, and value menus...
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