Unstoppable debt spiral. Basically this, the more people come to realize it’s never being paid back, the faster it will grow, and the faster it grows, the more people realize it’s never being paid back. It doesn’t really mean anything at this point.
Most people don’t even like the idea of wearing smart glasses or smart watches, and you expect them to line up and pay for brain chips? 🥴
The US government is in a significant amount of debt which is constantly growing and will never be paid back. We needed to raise taxes on the wealthy and corporations, but we never did. We needed the banks to fail in 2008, but they stole our tax money. We needed a strong economic correction during a global pandemic, but instead they printed a fuck ton of money.
This photo is astonishing. The US flag right where his crotch is, fucking professional tacticool loser. Disgraceful.
We can’t completely escape the consequences, but they can be mitigated. I don’t have a lot to lose. I don’t benefit from a 401k or social security. There’s a reason why investors are flocking to gold.
Something that needs to change is how real estate is seen as an investment. It has broken the quality of life increase in the US by gatekeeping real estate, drastically increasing cost of living, while building nothing new to preserve investment. When you make housing an investment, it becomes in your best interest to stop building more to reduce supply and preserve value.