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The Death of the Amex Lounge

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  1. COMMENTARY · CL_222281 ·

    Upper-middle class faces 'trap' due to AI-fueled competition for scarce goods

    Nick Maggiulli, COO of Ritholtz Wealth Management, has identified an "upper-middle-class trap" where individuals earning $200,000 to $400,000 annually experience declining quality of life despite increased work. This ph…