re: #439 freetoken

I think it is also important to keep in mind that the “financial crisis” manifested itself in 2008 after the US real estate collapse had begun.

The significant overbuilding in US real estate had outsized influence because the US economy has become so dependent upon “growth” in real estate, and the related activities in refinancing to finance other kinds of consumer purchases.

Real estate loans became too important to the financial industry, which over exaggerated the value of said “assets.

the need for growth and the treatment of everything as an investment has distorted the whole economy

our population continues to expand, so it there isn’t a certain amount of growth then unemployment goes up. the dynamic is different in italy where the population is stable

and of course we have all heard about the phenomenon of making money by “flipping” houses

i have a naive idea that it would be nice to have an economy restricted to people getting paid to do things and buying and selling tangible things that people need, without all the gambling