The 'Keeping up with the Jonses' types, the people who borrow like crazy to fund a lavish lifestyle, the people who have their brains in neutral and walk around thinking everything is marvellous - having no thought for the terrible shape the global economy was in, buried under mountains of debt.......these are the people who I am talking about.
Low and lower interest rates for a decade is insane, the property buying frenzy madness has been insane, the 'lets import people en masse to fake GDP growth' plan is insane. It's the great mass of stupid sheep that make it all possible.
