real GDP has been going up since around 2009 with a dip during COVID. Do you have any data to back up the claim that population adjusted homelessness is getting worse? Why is homelessness the metric to use to establish whether we are in a depression or not? I don't remember the exact numbers, but I know that alcoholism and drug use are significant contributors to homelessness. If population adjusted homelessness is going up, could it be due to other factors?

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It has been strung along longer than any of us would have expected, and they have tricks up their sleeve to keep it going as long as political will doesnt turn. There is a systemic instability though, the numbers get more extreme with every turn, where the turns get more and more frequent. I think its reasonable to extrapolate out and say the next time the money printer starts, maybe its a 50% haircut for savers, maybe the next is 80%. There is no mechanism for reducing items like the national debt, and even under full yield curve control there is only so much they can do to keep rates down (evidence japan), meanwhile politicians follow their incentives to spend more. I see no way out of this cage, its a falling wedge where the top line is the collapse of investor confidence (double/tripple digit inflation and interest rates) and the botttom line is default.