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- Embed this notice@Griffith Around the 70s and 80s boomers converted the real estate market from a depreciating commodities market to a financialized asset marker. This act caused the 2008 crash and it will cause another one that, like 08, no one will see coming until it's already happens.
The financialization of ALL sectors have the market by the boomers and their kick handlers has empire destroying consequences. 50 years is a drop in the pot, we've lived this nightmare our whole lives but it wasn't always like this. This country is already dead, people just haven't realized it yet.
Now we have catastrophically overvalued land and home prices stacked on top of the devaluation of the dollar and stagnant wages.