Mister Grove doesn't speak to the mistakes our leaders have been making that have led to our macro-economic mess. They've been borrowing massive amounts of mon

Mister Grove doesn't speak to the mistakes our leaders have been making that have led to our macro-economic mess. They've been borrowing massive amounts of money and keeping interest rates much lower than normal. They've strived to keep the consumer consuming, rather than keep the producers producing. When you borrow money, you are really borrowing the labor of others. And when everybody in the richest nation in human history is borrowing, we are borrowing a lot of labor from other countries. Imports of goods and immigration of workers skyrocketed because of our borrowing. And many jobs moved elsewhere. But we did get good at building houses. And buying and selling them to each other. But that was unsustainable. One day, we'll stop borrowing so much and begin paying the money back. We'll pay more for imports and our own labor will cost the world less. We'll be working hard for much less, perhaps doing it well into old age. We may have no choice.