Of Two Minds

This concentration of housing ownership by the wealthy is the direct result of Federal Reserve and federal policies that benefit the wealthy.

So hey, central bank cheerleaders, lackeys, toadies, apologists, apparatchiks and sycophants: no, the central banks aren’t going to “save” your precious asset bubbles from popping.

Unexpected things tend to happen when the real source of problems are papered over and then suddenly reality intrudes.

Isn’t AI just a shoddy facsimile of authentic expertise that “serves the state and the media” in a new theater of Spectacle?

After all, “they can always print more money.” That’s always the solution until it becomes the problem.

No nation clinging to the current “waste is growth / landfill economy” will survive the emergent global polycrisis.