"privileged and downwardly mobile" and "the elite with no savings" are both phrases I've heard very recently and basically are saying the same thing: elite overproduction
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I think it bifurcates into something like the portfolio'd (ie businessmen/SWEs) vs the hyperskilled (eg surgeons)
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the portfolios are also dependent on stable market conditions (options can tank/a ton of bankers got laid off in ‘09) the only safe-ish options left are hyperskilled professions w/strictly controlled credential moats (bar exams, med school, CPA, etc.)
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