its a self defeating paradigm, its designed to fail and start over
we, as a country and society, have dodged the bullet for so long
because of several factors but in the end there will be NO new homes being built or bought because of all that is needed and required to have them but the prices wont fall at first because most cant take that kind of loss
so, they will just let it go back to the bank, mortgage co, etc and walk away, same with new vehicles. At some point there will be a glut because all we have in extra income pays groceries, utilities, taxes and doctor bills incl insurance...
most will drive their cars till they fall apart....
and then it crumbles, all at once
no jobs, no work, just eat and stay home while you have one
all the while govt of all sectors, begin the process of taking over everything until they are over run with protestors
and then it burns to the ground and starts all over