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jmbar2

(5,766 posts)

10. I'm wondering at what point they hit a tipping point

Reply to rubbersole (Reply #9)

Tue Oct 31, 2023, 02:11 AM

Oct 2023

So far, enough people seem to be scraping by to pay inflated rents, but housing is way out of whack with wages. Seems like there would be a tipping point extraction of wealth from working people runs the working age population into a ditch.

I guess that was what feudalism was all about.

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Highlight:

The Secretive Industry Devouring the U.S. Economy [View all] Celerity Oct 2023 OP

Private doctors offices and practices Texasgal Oct 2023 #1

Where I grew Drs still make house calls annually Marcus IM Oct 2023 #4

That's why I switched to Kaiser Permanente. Kablooie Oct 2023 #11

take it private, strip the assets, sell off anything worth a cent and get rid of the workers nt msongs Oct 2023 #2

That practice is the result of what is now known as "financial engineering". LastDemocratInSC Oct 2023 #7

The greatest nation. Envy of the world. Marcus IM Oct 2023 #3

Equity firms have screwed so many companies over sakabatou Oct 2023 #5

Kick dalton99a Oct 2023 #6

Not to mention the takeover of housing causing costs to become unaffordable jmbar2 Oct 2023 #8

And they're hoping we do. rubbersole Oct 2023 #9

I'm wondering at what point they hit a tipping point jmbar2 Oct 2023 #10

Great thinking starting point Feudalism sanatanadharma Oct 2023 #12

I see Blackstone at the top of the list DFW Oct 2023 #13

Books about this RSherman Oct 2023 #14

Sounds like the intro to a dystopian video game like Fallout pecosbob Oct 2023 #15