Tuesday, September 10, 2019

Evidence of the White Flight Model of System Collapse

As a college//university education becomes prohibitively expensive, a steady stream of people are opting out. College enrollments are steadily declining. Since colleges and universities are debt ponzi financial institutions, many of them will go bankrupt in the coming years. The entire US economy has gone deeply into the John Law style paper world--that's a one way trip.

The people who opt out, especially those who opt out young are making a value versus price choice. The people who appear to be disenfranchised by this system are actually building its replacement, but they probably don't even know it yet.

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