Reality

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Jane Tzilvelis
Jane Tzilvelis
1 month ago

I do believe the following article will wake zombies up.
https://www.zerohedge.com/markets/no-win-bubble-wealth-effect-either-way-we-lose
By effectively impoverishing the nation’s younger generations, we’ve chosen a demographic doom-loop as marriage and birth rates have collapsed from 2007. Guess what happens when you make starting a family and buying a house unaffordable to younger generations? They no longer start families and have children.
As the Boomer generation retires, the legacy of retirement programs designed in the 1930s (Social Security) and the 1960s (Medicare) is fiscal bankruptcy as these programs are driving the expansion of federal spending and borrowing.
It’s called a Doom Loop, with no exit, for all speculative asst bubbles pop. Once “the wealth effect” reverses, assets get sold off to raise cash and since only the wealthy can afford to buy them, there’s no buyers left, so valuations crash.
🆘💥
Either way, we lose: if the Federal Reserve manages to keep the Everything Bubble inflated, we decimate the nation’s younger generations, fatally destabilizing our society. If the bubble finally pops, all the phantom wealth that’s been propping up consumption goes to Money Heaven, gone for good.
We will collectively bear the burdens of catastrophically short-sighted / self-serving policies of 2009-2025 for decades to come. Beneath the easily gamed statistical veneer, our economy and society have been hollowed out to the benefit of the few at the expense of the many.
🆘💯
These are real-world problems, not monetary problems. Unfortunately, playing around with “money” doesn’t make all this go away: stablecoins, Universal Basic Income (UBI) and Modern Monetary Theory (MMT) are all disconnected from the real world: what ultimately matters is resources extracted, productivity and efficiency, and how the gains and losses of these real world factors are distributed.
“Money” in all its manifestations is simply the unit/medium used to instantiate the distribution.”

Phil1350
Phil1350
1 month ago

Stupid is, Stupid does!!! as for the Evil party they are all satan’s children doing his bidding on earth. both parties are like the blind leading the blind, and eventually they both fall into the ditch and break there stinking necks.

Jane Tzilvelis
Jane Tzilvelis
1 month ago
Reply to  Phil1350

Agree 👍

kal kal
kal kal
1 month ago
Reply to  Jane Tzilvelis

yep, they ain’t working for us/US.

tom finley
tom finley
1 month ago

Texas Gubernatorial Candidate Threatens to Arrest Dr. Anthony Fauci for ‘Crimes Against Humanity’ This should have been our President, he is running to get elected Texas Governor.

kal kal
kal kal
1 month ago
Reply to  tom finley

France has no extradition treaty with the US.

MrLiberty
MrLiberty
1 month ago

Bipartisan = double penetration

Don't mind me
Don't mind me
1 month ago

No. We have only one party. And it’s controlled by foreign interests.

godhelpus
godhelpus
1 month ago

I love Matt but he is totally wrong. Both parties are pure evil. I would argue the repubs are worse because they pretend to be the opposition to communisim. Turns out they are abject traitors. The demos say straight up they are going to take all you money and put you in jail and when they can they do,

Swampghost
Swampghost
1 month ago

A good quote….by Everette Dirkson