Really insightful comment, regarding the overall pattern between welcoming Wal-Mart, and welcoming low interest rates for mortgages. And the inevitable outcomes. It’s the very same mechanism of forcing individuals to clamor and claw for what remains within reach, while thereby fueling the exact machine that pulls it all further away.
I’d argue it’s roughly the same class of people, doing the required clawing, though of course many, many people - on both sides of a divider I’d call “clawing for basic stability” vs. “clawing for a supposed retirement” - would completely disagree, about the similarities between the two groups 🙄. It’s the same picture.jpeg.
Aside from “landlords aren’t worse than chefs” (yes, they are, but admittedly depending on both landlord and chef lmao), couldn’t really agree more. Bad systems make for bad incentives make for bad personal decisions. Eventually (fucking eventually…), something gives.
Really insightful comment, regarding the overall pattern between welcoming Wal-Mart, and welcoming low interest rates for mortgages. And the inevitable outcomes. It’s the very same mechanism of forcing individuals to clamor and claw for what remains within reach, while thereby fueling the exact machine that pulls it all further away.
I’d argue it’s roughly the same class of people, doing the required clawing, though of course many, many people - on both sides of a divider I’d call “clawing for basic stability” vs. “clawing for a supposed retirement” - would completely disagree, about the similarities between the two groups 🙄. It’s the same picture.jpeg.
Aside from “landlords aren’t worse than chefs” (yes, they are, but admittedly depending on both landlord and chef lmao), couldn’t really agree more. Bad systems make for bad incentives make for bad personal decisions. Eventually (fucking eventually…), something gives.