Pundits have been talking a lot about America’s “K-shaped economy” lately, but most average people on the street have no idea what that means.  Basically, it means that the wealthy are getting even wealthier while almost everyone else is getting monkey-hammered.  Yesterday, I detailed 11 signs that economic conditions in the U.S. are the worst that they have been since the Great Recession, but if you have plenty of money you may feel like everything is just great right now.  For those at the top of the economic pyramid, it could be argued that these are the best of times because the stock market has been soaring.  But for many of those at the bottom of the economic pyramid, it literally feels like we are in the midst of a horrifying economic crisis.

The post In America’s K-Shaped Economy, The Rich Are Getting Richer While Almost Everyone Else Is Getting The Sharp End Of The Stick was first published by Michael Snyder on The Economic Collapse Blog and is republished here with his permission. Please support his efforts.