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A comment on Maybe Treating Housing as an Investment Was a Colossal Mistake. Parent comment

Re:Maybe Treating Housing as an Investment Was a Colossal Mi... by atomicnumber3 on Monday March 06, 2023 @12:33PM (#35044185)
I'm not sure if you're being glib or not, but if something "happens to" the Fed, we have much bigger problems than anything as boring as investing risks. It probably means WW3 or California is seceding or something.
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Re:Maybe Treating Housing as an Investment Was a Colossal Mi... by donnowhy on Monday March 06, 2023 @12:46PM (#35044506)
I think atm the Fed is the main force holing the USA together, considering all the bi-partisan polarization

all ways to divert the "voltage" across elite and commoner classes which are the real source of this tension.

I'm saying that wealth inequality creates something quite comparable to 'voltage', this creates a tension which WILL get released (because physics). But due to active (social-)technological management this tension is getting re-focused into blue Vs red bi-partisan politics, as well as other expressions of winners fighting losers (including gender 'equality' tensions, trans and transphobics, etc..)

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