On 2026-03-09 15:40, David Schwartz via PLUG-discuss wrote:
Here’s my current take on things:
Interesting take on things!! All of our problems come down to greed.
So Phoenix has a pending water shortage... add tech layoffs,,, add
return to office... Yikes!!
I think the French Revolution is a great indication of what might well
happen — the billionaires will get the guilllitine and their wealth
will be distributed to everybody they have been stealing from over the
past 50 years to accrue their wealth.
At some point, the inabilty for a significant portion of the population
to make a living wage will catch up to politicians and they’re going to
pay dearly for it.
When it takes three people making minimum wage to afford to live in a
decent home and just get by, while the average home price is $500k and
rising, and politicans think anybody who can’t live on minimumw wage is
an immigrant who’s here illegally and need to be rounded-up and become
a ward of the state with no due-process rights, we’re in for a pretty
ugly recokening.
A housing crash is is just part of it. That will take the banks down,
along with the entire economy.
-David Schwartz
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