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0 sats \ 2 replies \ @Solomonsatoshi 8h \ parent \ on: Why UK Homeowners Are Delusional About Property Values (FT, Hugo Cox) econ
Well said.
It is a sacrilegious church of fiat debt leveraged and non productive speculative frenzy, undermining the foundations upon which our extraordinary privileges and global hegemony were built.
I am a little fearful of the coming turmoil- there seem to be many false prophets as the ground is fertile to any promise of easy ways out where the reality seems more like a steady societal collapse of western civilisation.
Perhaps from the rubble better things can be built.
Bitcoin shows a blueprint/model for how it might be possible.
Have you read outwitting the devil by Napoleon hill ? https://beyondturbulence.blogspot.com/p/the-topological-antidote-to-drift.html?m=1
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Have not but see it is on pirate bay...ebook and audio.
Might have a look.
Sounds like a fairly dark thesis though I'm not religious.
Friend of the Devil is good though
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