In my view western economies are a ponzi scheme predicated on ever increasing cost of housing. Even a small erosion of the real economy has massive effects on t

In my view western economies are a ponzi scheme predicated on ever increasing cost of housing. Even a small erosion of the real economy has massive effects on the highly leveraged financial economy. This technology for cheaper goods already exists and I don’t think there is a way to stop it so my presumption is that eventually the real economy in the west will be undermined and the financialized economy will implode.