this post was submitted on 28 Jul 2024
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Housing Bubble 2: Return of the Ugly
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But, now hear me out...what if it doesn't..
I don't understand... Are you saying, line go down? I've never heard of such a thing
You've never seen my bank account ....
hahaha... haha... ok now that we laughed at that ridiculously absurd idea, let's watch the line go up.
If line stays flat? Things kinda gradually get shittier for a while.
If line goes down? Economic collapse. Riots in the street. Civil anarchy. Homelessness and crime will skyrocket.
Those of you who have never taken an economics class think this is satire.
The problem is when corporate profits go up but wages stay flat or go down. Or when wages go up for some but not for others.