RE: The Strange Reality of “False Demand”
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I have talked to an American, he was born on the 1961. He said that life before in the U.S is very different from now. Before his dad works and his mom stayed home to take care of him and the house chores. they also have two cars and they can go to vacations twice a year. People thinks they are rich but the truth is they are just a regular citizens yet before the banks give good interest and dividend.
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Things in the US started "breaking" already in the mid-1970s even if we are only experiencing the full effects today. Back then, the typical house cost about 2.2 times the median annual salary... today, it costs about 5.6 times the median salary.