HomebrewHedonist

Great message that will likely fall on deaf ears.

Worth a watch though.

I'm not going to do your research for you, but I'll do you the favour and provide this: https://www.cbc.ca/news/business/real-estate-investment-firms-financialization-housing-1.6538087

We've gone through a very long time at very low interest rates. This means that investors who would normally buy bonds for safekeeping have no choice but to put their money elsewhere. For example, stocks and Real estate.

Due to the free money that we had before interest rates started to rise, stocks were at an all time high but it's not based on fundamentals and higher earnings, so P/E ratios have gotten worse. And there has yet to be a big market correction (that is coming). This makes value investors nervous, but again, there's nowhere else to put the money that gets a good return.

So what would you do if you can't buy treasury bonds and the market is a big bubble? Real estate. Also, the real assets is good to offset any bad bets a corp made in the casino we call a stock market.

So yeah... corporations. All you have to do is follow the money. It's always the same old story. Raw greed and political corruption.

It's definitely corporations. It has been for a long time. I knew that corporations were pushing up housing prices for at least 10 years.

People... it clearly says that it's a Beta. Give it time!

I'm glad to see that there are alternatives emerging outside of corporate hands.

The important thing is that she stuck to her principles. :/

A nuclear attack would surely bring in NATO. I can't see them getting away with that without some kind of severe retaliation.

I'm not going to get dragged into creating a new government framework with you. I'll leave that to the political scientists. What I'm saying is that we need limits on power. Limits on income existed before 1980 and were dismantled in Regan's trickle-down economic policy. Taxes used to be really high for the ultra rich after WWII to around the late 1970s. Limits existed in other forms too like anti monopoly laws, more regulation and market oversight. What I'm suggesting is simply taking those that once existed and codifying those things into a charter, like the Magna Carta did for kings, so that they can't be repealed by changing governments. It's an idea, not naive at all.

Greater equality is essential for well functioning societies and well functioning economies. It's good for everyone, even the ultra rich... they just forgot it. Read Ray Dalio's The Changing World Order and he explains this quite well. The man is a billionaire himself, and he advocates for a redistribution of wealth and greater economic equality. His research echos much of what is tough in history: inequality always breads social unrest and political upheaval. It's what revolutions are made from.

Supergovernment? Putting words into people's mouths, I see.

We limited the power of monarchs, why would it be wrong to do that for all powerful people and entities? I say that we need to do it for exactly the same reasons. Limits to power is healthy for everyone, even the super rich. My logic holds true. Does yours?

But I like your idea of a world government because, you know why?... we need to work together rather than against each other. Let's end zero sum game theory.

What this planet needs is a Magna Carta of sorts that limits the power of all people, corporations or other entities or groups. Simple as that. We need limits! Extreme inequality will ALWAYS breed civil unrest.

I love this response. 😀

Why would Isreal want to destroy their biggest international aid donor?

I believe that there is an active conspiracy to destroy the USA from within and this is proof of that. Follow the money and you'll uncover who is behind it. My guess, China, Russia and maybe some Oligarchs around that.