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Day: February 14, 2025

Navigating Debt and Financial Challenges in the New Year : The Shrinking Middle Class

Navigating Debt and Financial Challenges in the New Year : The Shrinking Middle Class

A report by Economic times suggested that the socio economic gap is widening with the lower income middle class increasingly shrinking and the super-rich class increasing their wealth. The rich grew their wealth by 86% whereas the middle class shrunk by 25%. This has a boomerang effect on consumption and the rise in inflation has […]

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