How The Middle Class Got So BROKE

Austin Williams • December 5, 2025
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Austin Williams

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Hi, my name is Austin, but some call me El AgustĂ­n. I am the proud owner of this channel where I talk about money, life, and personal finance. Business Inquiries: [email protected]

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Without debt, there is no middle class. 📖Your Money or Your Life: https://amzn.to/3VExSUV ☕Support My Channel!: https://www.buymeacoffee.com/williamsauQ 📱My $15 Phone Plan: https://mint-mobile.58dp.net/rn6rJQ 🏛️My 4.6% APY Savings Account: https://www.sofi.com/invite/money?gcp=43a5fefa-390e-41f0-9b1d-cb72691e87da&isAliasGcp=false 🌍My World Map: https://amzn.to/3Y90Sac 00:00 Debt is the New Middle Class 01:07 Chapter 1: The Middle Class Before Debt 02:53 Chapter 2: When America Learned to Fake Prosperity 05:24 Chapter 3: The Normalization of Debt 06:45 Chapter 4: The Creation of the Debt Economy 08:16 Chapter 5: The Debt Fueled American Dream 09:16 Chapter 6: The Winners of the Debt Economy 10:47 Chapter 7: Debt Is All We’ve Ever Known 12:25 Chapter 8: The Rebranding of Debt 13:11 Chapter 9: The Silent Epidemic 14:45 Chapter 10: Where Do We Go From Here? In this video, we take a deep look at how the American middle class went from being financially stable to living on borrowed money. We explore the rise of debt, credit cards, car loans, and buy now pay later programs that have quietly redefined what it means to be “middle class.” From postwar prosperity to the modern cost of living crisis, this video shows how the illusion of wealth has replaced real financial freedom. We discuss how credit became a lifestyle, how consumerism keeps people trapped, and why so many Americans are living paycheck to paycheck while trying to look successful. You’ll learn how banks, corporations, and the financial system built a culture of debt and how this cycle of spending and borrowing has made everyone feel broke. If you’re interested in topics like the middle class decline, personal finance, the debt economy, consumer culture, or the truth about the American Dream, this video will open your eyes to the real reasons behind why everyone feels poorer even as everything looks richer. ***Links above are affiliate links where if you click and order, I will receive a commission at no cost to you. **

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