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BTCC / BTCC Square / Global Cryptocurrency /
The $140K Poverty Paradox: A Data-Driven Muckraker Misses the Mark

The $140K Poverty Paradox: A Data-Driven Muckraker Misses the Mark

Author:
Global Cryptocurrency
Published:
2025-12-05 22:59:02
18
3
BTCCSquare news:

Asset manager Michael W. Green’s viral claim—that American families earning under $140,000 live in poverty—has drawn sharp rebukes from economists. Scott Winship calls it "the worst poverty analysis I’ve ever seen," while Tyler Cowen dismantles its flawed methodology. The debate echoes Upton Sinclair’s era, but with spreadsheets replacing slaughterhouse exposés.

Meanwhile, crypto markets remain indifferent to such macroeconomic noise. Bitcoin (BTC) and ethereum (ETH) continue their consolidation patterns, while memecoins like DOGE and SHIB trade sideways. Institutional flows into Coinbase and Binance suggest accumulating interest despite the narrative dissonance.

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