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wtfserpico
John Stossel
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Comments by "wtfserpico" (@wtfserpico) on "The Full Johan Norberg: Sweden’s “Socialism,” the Loneliness "Epidemic,” Degrowth and other Myths" video.
Everyone in this thread is leaving out the most important factor....available credit. The reason costs for things like cars and houses (edit: and college tuition) outpace the rest of the market is that debt is easier than ever to take on. With easier access to financing more people are willing to buy more than they can really afford. Almost NOBODY pays for cars with cash today. The demand and availability of cheap credit has driven the prices up, and will continue to do so as long as the debt is freely taken on, by both the people AND the irresponsible government.
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@mikelgeren149 If everyone were as disciplined as you the world would be a MUCH better place.
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