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The Elites Have Destroyed The Status Quo's Ability To Self-Correct

The Elites Have Destroyed The Status Quo's Ability To Self-Correct

Authored by Charles Hugh-Smith via OfTwoMinds blog,

You may have seen these charts before, but they tell the story of a middle class in decline.

For any system to endure, it must maintain a built-in capacity to self-correct: that is, it must generate accurate informational feedback about dangerous asymmetries and auto-correct with behavioral feedback.

Homeownership Among US Millennials At All Time Low

Homeownership Among US Millennials At All Time Low

After dropping to an all time low 62.9% in Q2 of 2016, the US homeownership rate rebounded modestly in the subsequent two quarters, before once again taking a step lower according to the latest Census data, released last week, and which showed that the percentage of US homeowners declined from 63.7% to 63.6% in Q1 of 2017, less than 1% from the all time lows in the series history going back to the mid 1960s.

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