Thanks to recency bias, we tend to think the world has always been more or less as it is today. Tectonic shifts beneath the veneer of everyday life escape us unless we make a concerted effort to peel back the veneer of normalcy. We also discussed an alternative strategy: wait for the inevitable collapse of the bubble and then clean the nation’s financial house of both the wreckage and the causes of the catastrophe, financialization. Either way, the implosion of the Everything Bubble will occur and the suffering will be great. https://activistpost.com/2024/10/can-we-rein-in-the-excesses-of-financialization-without-crashing-the-economy.html