Tim Morgan’s chart comparing the ‘real’ economy (in aggregate; the per capita picture is even worse) — the amount of affordable real goods and services our economic system produces — with the fraudulent, fake “financial” GDP economy. A significant part of the latter is the wildly inflated “value” of people’s homes, which have been perverted from an essential human good and need, to a Ponzi scheme — a vehicle for unsustainable speculative capital gain.
