- Porter's Daily Journal
- Posts
- A Mirror You Haven’t Seen Before
A Mirror You Haven’t Seen Before
Porter's Journal Issue #72, Volume #2
Porter Stansberry
June 22, 2025
A Very Personal “End Of America” Story
This is Porter’s Daily Journal, a free e-letter from Porter & Co. that provides unfiltered insights on markets, the economy, and life to help readers become better investors. It includes weekday editions and two weekend editions… and is free to all subscribers.
People under age 40 can’t afford middle-class life… Student loans, sky-high mortgage payments, credit card debt… This poor fella is going to have to declare bankruptcy… Ahh, but there’s a twist… Is there dissent at the Fed? |
Table of Contents
The American dream is dying.
We’ve built an economy and a financial system that’s made a normal, middle-class life impossible for most people under the age of 40.
If you have children or grandchildren in this age group, I bet you already know what I’m talking about. I didn’t understand it – until I got this letter from a struggling 35-year-old father of two.
Please make sure you read to the end. There’s a twist… A big twist. And it definitely matters to you.
Here are the facts:
The man is currently earning $51,000 a year in wages and overtime after taxes. (He works in IT customer service with a good company.) And while that might not seem like a lot of money to some of you with high incomes, his take-home pay is almost 30% higher than U.S. median income. Even so, he can’t come close to affording his annual spending, which over the last 12 months was $71,000.
Why is he spending so much? He has a special needs child who requires specialized care. His wife can’t work because she’s the primary care giver. Obviously, he’s in quite a bind.
But that’s not the real problem…