America gets what it deserves: self defeating turmoil and churn disguised as effort and progress, while objectively being a worse place to exist (happiness, health outcomes, etc). Line goes up, but life is suffering.
To win is to know what Enough is.
It looks like in this age for the rich the optimum is something closer to dictator capitalism, as democracies start to embrace more regulation and social redistribution schemes. Singapore and Dubai have been winning choices so long as the people in power don't change their mind and start splitting skulls.
I like taxes, with them I buy civilization, help those in need, and build lasting institutions of value and relevance.
Almost all of my friends with higher educations have left for northern countries, as the situation here is untenable for young people. Of course if you have money that’s not an issue… and evidently the kind of money that makes that non an issue can only obtained in places like the US.
On the other hand real estate is held by wealthy old natives and laws are enacted to make sure that real estate increases in price forever, the young be damned - no one cares about them since our population pyramid means they’ll always be a minority.
From last year. There is a version in English.
Regarding renting, it’s legally almost impossible to kick out a squatter, which means most people choose to leave their empty homes closed instead of renting them, which, added to mass immigration, has led to a surge in rent prices.
But seeing how you blame mass immigration, mostly uneducated and low-skilled workers, for the fall in wages of the educated people leaving the country, I wonder if your vision isn't too myopic and narrow on economic issues due to political bias.
As for the struggles of the young people in the country, because real state is inaccessible, I agree with you, but it's a problem in most capital cities of the civilised world.
>Bottom of the barrel wages for natives are the result of uncontrolled mass migration - we have received millions of immigrants in the last decade, which has basically destroyed wages.
Putting those two sentences of yours together triggered that thought in my mind, I apologise if I was wrong.
i wouldn't blame the immigrants there. the whole thing managed correctly would be (or actually already is) a huge boon for the country. the suffering of the young and poor seems to be a choice made by the greedy.
then if you tell me "cannot afford it, not realistic", we can conclude immigrants were not the problem.