Vanishing middle class

The rich grow richer, the poor poorer and the middle class is vanishing.  If it is so, does it make sense to develop products targeted for the middle class?  Or will the world be divided between Walmart and Cartier, Bently and Hyundai, with no Safeway or Toyota in the middle?  

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Comments

  1. Bhavini says:

    As long as there is a growing population of minorities I don’t believe that this would be the case in the near future. A good diversity balance and a constant influx of immigrants can definitely keep the Toyotas and Safeways afloat for a while.

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