Damus
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@Jeff Booth on your recent WBD podcast, you and danny talk about buying a house. And you say if you want to buy a house trying to recreate an image of the white picket fence lifestyle, but the future will look a lot different. I think you were suggesting that without broken money stealing from third world countries.. that sort of “american dream” is not possible. Is that really true? I’m trying to really think about it.

As i know a lot of resources are basically stolen from the currency arbitrage in the broken monetary system globally. But for sure that sort of american dream which is a life of productivity with other free people is possible.

Or am I completely misreading into your back and forth?
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Jeff Booth · 2d
Misreading - just that the repricing of housing is going to take some time, be chaotic, and subject to different taxes/rules from government changes. Ie - some regions that are today safe and stable today will become unsafe/unstable. Opposite will also happen like El Salavador.
Globe99 · 1d
The "white picket fence" is very much a product of American anti-urbanism. Suburbs are subsidized. The future for a variety of reasons are cities, which are real centers of commercial activity in both white, grey and black markets.