I appreciate your perspective on these things as it offers something differing to what I normally see and hear, although I don’t watch the poison that’s on the TV, I get a lot of differing “news” (hardly any of it is about local things, mostly international and national) I can’t agree with you on this. This feels more like fear porn and doom scrolling than anything.
There may definitely be some mixed things in here that are accurate such as trying to get out of the cities and eventually out of the suburbs that are closest to these major cities.
What I don’t think is going to happen is the houses being worth 0$ and people abandoning them outright. In some areas of the country I can see that occurring but not the majority of them. I know there are going to be challenging times but you make it seem utterly hopeless and like we should just give up on cities and towns that. I don’t think that’s likely going to be helpful, as it doesn’t seem realistic.
Major metros like Seattle and LA, and to an extent NY are certainly going to be falling apart more than they are now but those are mostly the areas that these things are going to occur. Places outside of those areas are likely not going to be a desolate wasteland like you are trying to say. Even in other countries like Europe I don’t think this is going to come to pass.
I again enjoy reading your stuff, as it provides me with lots of differing information to try to stay broad, informed and objective but this constant fear porn is not necessary in my opinion.
RE: This Is Not a 2008 Crash, This Is a Comupance Upon the Greatest Missallocation Of Resources