Look around you. Supposedly we live in a rich country but people can't afford to buy homes, get educated, or go to the doctor. People can't even pay rent. There's like 5 profitable companies that run everything and everything else is merely outrunning debts as long as interest rates continue to fall. Low wages, low interest rates, expensive ass homes, they're all the same thing: the rate of profit has fallen too much and the trickle of money invested in creation of new homes and new means of production cannot generate profits to justify itself. So the economy is now just about hoarding wealth and extracting rents from people that missed the boat.
Look around you. Supposedly we live in a rich country but people can't afford to buy homes, get educated, or go to the doctor. People can't even pay rent. There's like 5 profitable companies that run everything and everything else is merely outrunning debts as long as interest rates continue to fall. Low wages, low interest rates, expensive ass homes, they're all the same thing: the rate of profit has fallen too much and the trickle of money invested in creation of new homes and new means of production cannot generate profits to justify itself. So the economy is now just about hoarding wealth and extracting rents from people that missed the boat.