We all railed against the artificially created asset bubbles that have destroyed affordability and upward mobility. Yet every policy Republicans seem to pursue has doubled down on those same factors. I do a quick roundup of economic news and news on data centers to show how we are pouring lighter fluid on a raging dumpster fire of an economy that Republicans claim is a “golden era.” We’re joined by Melody Wright, a housing and mortgage expert, who is warning of the imminent collapse of the housing market. She explains unequivocally how the housing crisis is absolutely not the result of a supply issue, and in fact, the opposite is true. It was created by debt slavery induced by government incentives and interventions. We also tie in the housing crisis to the AI data centers to show how they continue to inflate bubbles and crush landowners rather than allowing the economy to reset. 

Learn more about your ad choices. Visit megaphone.fm/adchoices