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TeeKay
Zeihan on Geopolitics
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Comments by "TeeKay" (@teekay_1) on "Let's Talk California (Has Their Lucky Streak Run Out?) || Peter Zeihan" video.
The DC area remains pretty stable primarily because the federal government just craps billions into the local economy.
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in the late 70's interest rates were 2-3 times higher than they are today.
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Homelessness in the US is primarily a product of drug addiction and mental illness. It stays around because an entire business has sprung up around the homeless, which benefits politicians especially. Many of these schemes involve buying local properties and then spending 100's of millions to renovate properties and then put these people into them, which quickly fails. So then they spend more money.
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@mokied Well, to be fair, Ukraine is a disaster and the US is making it worse.
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