Quote:
Originally Posted by Enoch Root
Blame boomers. Hell of a way to live your life.
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I'm actually doing quite well personally. I have a property I acquired pre-boom and have a corporation. I'm taking advantage of the current policies that have allowed existing wealth to spiral out of control, and I'm also earning new income.
However, can are really deny what's going on here. How the government is using fiscal, foreign, zoning, etc.. policy to concentrate wealth in the hands of the people who already have it. Apparently earning wealth now means holding onto a property, you bought for pennies on the dollar 30 years ago, borrowing from it, and then spending that "earned wealth".
If the boomers aren't to blame for the current economic climate.... Who is? Is this not the root of everything people are completing about in this thread.