San Diego Housing Market News and Analysis
German documentary on the glut of money and growing inequality
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Submitted by ocrenter on July 5, 2017 - 11:14am
Well worth the 42 minutes, really help put everything in perspective.
Understanding just how much is out there, and concentrated in so few hands, this explains why housing cost is at peak bubble pricing yet there's no bubble based on valuation.
On a political level, this explains the unbridled populism throughout the world, leading to the rise of Trump and Britxit.
I just recall the last time the world had so much inequality we ended up with half of the world falling for communism, if this isn't fixed global revolutions and chaos would be the logical conclusion.
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