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Maybe the un realistic expectation is the over $50 for two sandwiches and the beer?
I moved from a city where average 50 year old house a tear down was selling for 2 million. Two 100k a year incomes could not pay the mortgage. This was driven by forgien money and bank unregulated expansion of credit through dubious means. It can’t hold yet people still want to move there, rental for a 1200 sqft apt with a view and 2 parking spaces is $3200 a month.
I also don’t get his opinion that the top 5 percent deseve to get the lions share of the wealth or is it me reading something in that was not there?
When you look and see banking is a major gdp percent you know economy is going to tank… banking is a parasite on everyone.
