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In reply to the discussion: Unsealed court-settlement documents reveal banks stole $trillions' worth of houses [View all]Waiting For Everyman
(9,385 posts)It reminds me of this metaphor: we're like sponges that the system is designed to let us soak up water in the good cycles, or get ahead and build something for ourselves; and then every so often, it wrings us out, making sure that it all goes to the pockets at the top. From what I've seen the cycles are planned, they don't just happen.
So yes, I expect that the wrung out sponges will be allowed to absorb "water" again in the coming years (younger ones than me though, I'm done building things to have them taken by vultures), with the same result afterwards. Us Boomers have been watching this now since the early 70's, with the first gas crisis and interest rate explosion, and it's been repeated several times in our lifetime. That is how the 1% came to be the 1%. Earned, my ass, it's all theft. We used to have laws to mitigate that, but they have all been repealed. It's "of, by and for" the predators now.
We're not alone though, we know each other is out there and going through the same things. That is why I'm not hopeless. Things can change, and maybe they will.