People say, bad FBI, bad CIA, bad police. Well, this is life without these institutions of the nation-state. Are you happy?
In Great Britain, police only comes if you negatively impact the profit margins of pharmaceutical companies, because that’s what this trans persecution is about. The state is playing on the side of Big Business against the population. This is what mass migration is. This is what COVID lockdowns were. This is what Blackrock buying up real estate all over the country is. This is a post-nation state. Chaos on public transportation, population replacement, censorship, incapacity to apprehend and lock down criminals, the evisceration of the middle class. How do you like it?
Everything is downstream from this. We are experiencing a collapse of the statehood model that gave us the middle class, the historically unprecedented standard of living for the majority, law and order, and political representation. It’s a model that has many flaws. But the model in whose favor we are chucking away the nation-state preserves all these flaws and dispenses with the benefits.
When Walmart wanted a larger market share, the government managed to lock us all up very effectively and give Walmart what it wanted. When Iryna Zarutska bleeds out on a train and Charlie Kirk is shot dead on a campus, the government is impotent and actually quite unwilling to prevent it and apprehend Charlie’s shooter. Walmart and Pfizer always get what they want. We no longer do. And please don’t tell me it was always like this. It was not. We used to have a very large middle class. We used to have an accessible high standard of living for the majority. The age of first home ownership went from 27 to 40 in a very short period of time. Today, you need a yearly salary of $100,000 to buy what, only a few years ago, you could buy with $70,000. And most people don’t even have a salary that high.
This is not a partisan issue. It’s a global issue that goes completely beyond any political belonging. And yes, it’s boring that I keep talking about that. But there’s no issue more deserving of discussion.
Clarissa's Blog 
Well said.
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It is emphatically NOT boring to those of us caught up in it.
We think about it every single day.
We’re over forty now. If we don’t find and purchase a reasonably affordable house in the next 3 years, we’re out. We’ll never be able to buy one, because we won’t be able to keep paying a mortgage until we’re 75. We already can’t do a 30yr mortgage, we have to get something we can pay off in 15. But the same reduced-income-potential will also make us unable to afford rent at that age. So, it’s either buy something now (and there is not yet anything to buy), or count on living with our kids in old age. Great if they want us to, not so great if they also spend their entire prime working adulthood in an economic “downturn”.
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I was sure when older people started dropping dead in 2020, 2021 that we’d have a glut of housing on the market but maybe their kids needed houses? It really sucks that our money has been eroded 25% in the past several years. I am angry. I am disgusted by the self hate throughout this country that allows crime to surge. I am furious at our government for the lockdowns, mandates, etc.
we still have a better system than anyone else.
Amanda
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We have the highest house-to-people ratio in history right now. The problem isn’t supply, it’s market manipulation.
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If there’s any bright side, it looks like we’ve plateaued– the “real estate goes up forever” pyramid scheme of buying, living there two years, doing no improvements, and selling for a $50k profit, is over, prices are starting to falter, and a whole lot of people are about to be very underwater on their mortgages. The metrics all look like 2008 right now, but more extreme. We’re not seeing the drop yet for several reasons: FHA is still looking the other way on defaults and has been since 2020, literally making payments for people who have stopped paying their mortgages, so that FHA won’t look bad with 300,000 mortgages in default. Cooking the books at taxpayer expense. yay. Not sure how that will play out but it’s certainly not sustainable. The other half of that is, sellers are mostly still stuck in “but my neighbors sold their house for $300k, and I know mine is worth at least that much” territory and realtors are taking a while to catch up mentally as well. Bit like when coyote goes over the cliff and hangs there for a sec, before noticing.
The big question is: will the fedgov try to bail them all out, to prop up prices, or just let actual price discovery happen for once.
One of those things is good for rich asset-holders, and the other is good for the wage class. I’m not laying any bets.
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The high standard of living for the majority never existed in SA. That’s why people looked to the USSR as a model of prosperity.
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