It used to be that you had to live and work local which resulted in a ton of people living a shit life on top of each other in small city spaces, and paying a hefty premium to do so. That is all falling apart now. The Covid plandemic is having massively undesired consequences for the liberal elite. People are moving out of overpriced cities and businesses are starting to figure out that they can cut salaries while employees get a better standard of living.
This video talks about the exodus from the San Francisco Gay Area to other places. Companies are even paying moving and living expenses for employees to move out. Guess what happens next? All the commercial real estate loses its cash flow. Guess what happens after that? A massive banking collapse because of all the bad debt used to build those overpriced glass houses.
This is now set in motion. The unintended consequences of the covid plandemic include being the trigger out of big cities. But as we know from my long standing insights on this blog, the herd was going to do it anyway as part of the societal move away from liberalism and back toward conservatism. It was just waiting for a trigger. That trigger has now been pulled and the bullet has left the barrel. There is no getting it back now.
Sunday, September 27, 2020
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