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Zeihan on Geopolitics
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Comments by "" (@tekannon7803) on "Real Estate: The Three-Headed Dragon Plaguing NYC || Peter Zeihan" video.
Tell me our planet and cities like New York (those super crappy ugly multi-story eye sores behind you make for the worst skyline in the world) are in financial quicksand as far as capitalism is concerned. I am repeating myself and yes, I have written a book about an alternative economic model to replace the aging scandalous money laundromat the capitalism has become, but what keeps coming at us in these reports is that there is no more a bottom to our financial woes. The world's showplace has now become a desolate endless emptying city of high rents and wages that don't cover basic needs for most of the working class people and where even the upscale designer-clothes-wearers who can afford it are looking for somewhere else to go that is anywhere but downtown New York City. Wage inequality is cruel in the Big Apple because everybody has got to live nearby. Only foreigners so rich they can buy Picasso's dump their dough into penthouses they think will only increase in value, but whom never come to live in their lonely glass and steel towers that rise so high in the sky that they can see tomorrow.
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