All that flows from this, @zuerich ...
"The continuing rise of debt that cannot be paid back was at the heart of the housing crises and will be at the heart of the next crisis."
[emphasis added mine]
... would be hard to overstate. At this stage of my life, it still is remarkable to me, for some reason (🤷♂️), how few people seem to understand the inevitable consequences of pretending like the ... "Almighty State" ... can just print money out of thin air.
No! No. No ... That is a lie! They cannot ...
It's part of life in this world that it takes time for these consequences to materialize, while men delude themselves they got away with it. Until the inevitable day arrives, when it becomes unmistakably clear they didn't ...
But ...
We have a "freely elected" bunch of professional manipulators ruling over us, who tell us otherwise. And their "promises," as always, are so much more palatable to the masses than the truth ...
P.S. As always, love the memes for emphasis, particularly the BTC ("virtual gold?") meme! 🫡