• The breaking point will be catastrophic.

    No it won’t. This thing won’t go out with a bang, it dies with a whimper. It looks like people slowly slipping, avenues of social mobility slowly narrowing, new generations getting dumber, your bills getting higher and you being able to afford less and less. And there is no “breaking point”. By the time you end up on the street, many others will already be there for whom noone wanted to rock the boat. And not many will want to do so for you either.

    Just look at news from Hungary for a while, that’s how it looks like when the money runs out and can’t flow up anymore.