Why America is the World’s First Poor Rich Country
Or, How American Collapse is Made of a New Kind of Poverty
Published in
7 min readMay 24, 2018
Consider the following statistics. The average American can’t scrape together $500 for an emergency. A third of Americans can’t afford food, shelter, and healthcare. Healthcare for a family now costs $28k — about half of median income, which is $60k.