re: Biden says that the Fed Gov't is going to fully fund the repair of the Scott Key Bridge

10 years to build a single bridge.

And some of you still think society is functioning?

Let me explain to you what's really happening.

Since the GFC in 2008, the world has by and large stopped building things.

A sort of malaise has taken over...

People have become rich from doing nothing, thanks to astronomical rises in stocks and real estate, and the next generation has no incentive to build anything because they are piss poor...

Wages have gone nowhere at the same time that cost of living has gone through the roof.

So people instead try to emulate what those recently rich people did: just gamble it all on stocks and real estate.

No one wants to produce anything the economy needs anymore, because they can't earn enough from doing so.

That's why it now takes 10 years to build a bridge.

The financialisation of everything, via the fiat monetary system, has warped the incentives that govern our economy so badly that it no longer makes sense to work hard.