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← Suburban growth is a Ponzi scheme because a city of finite size cannot…
10 connected korrents · 7 moments from 17 Jun 2011 to 21 Aug 2026.
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America Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: Suburban growth is a Ponzi scheme because a city of finite size cannot keep growing at an accelerating rate, and only that would pay the bills it has taken on. Suburban growth is a Ponzi scheme because a city of finite size cannot keep growing at an accelerating rate, and only that would pay the bills it has taken on. Last stated 15 years ago
17 Jun 2011
CM
Charles Marohn — holds since 2011-06-17 — tap for who they are
Same subject: The American suburban pattern of development does not pay for itself: a city takes the cash from new growth and, with it, a maintenance bill it can never cover. — tap to centre the map on it The American suburban pattern of development does not pay for itself: a city takes the cash from new growth and, with it, a maintenance bill it can never cover. Last stated 15 years ago
17 Jun 2011
CM
Charles Marohn — holds since 2011-06-17 — tap for who they are
Same subject: A house is built by trades that barely coordinate with each other, which is what makes housing cheap to design and almost impossible to redesign. — tap to centre the map on it A house is built by trades that barely coordinate with each other, which is what makes housing cheap to design and almost impossible to redesign. Last stated 3 years ago
2 Apr 2024
BP
Brian Potter — holds since 2024-04-02 — tap for who they are
Same subject: A neighbourhood redevelops itself when rising land values meet permission to build more intensely, and it stagnates when either half is missing. — tap to centre the map on it A neighbourhood redevelops itself when rising land values meet permission to build more intensely, and it stagnates when either half is missing. Last stated 9 years ago
12 Jun 2017
CM
Charles Marohn — holds since 2017-06-12 — tap for who they are
Same subject: A style like the McMansion never disappears, it only changes shape over time. — tap to centre the map on it A style like the McMansion never disappears, it only changes shape over time. Last stated 5 months ago
28 May 2026
KW
Kate Wagner — holds since 2026-05-28 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. — tap to centre the map on it A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. Last stated 2 months ago
21 Aug 2026
RD
Ray Dalio — holds since 2026-08-21 — tap for who they are
Same subject: A government's debt dynamics are a household's or a company's, except that it can print money and tax -- and those two powers are what change the ending. — tap to centre the map on it A government's debt dynamics are a household's or a company's, except that it can print money and tax -- and those two powers are what change the ending. Last stated 2 months ago
21 Aug 2026
RD
Ray Dalio — holds since 2026-08-21 — tap for who they are
Same subject: A longer average debt maturity protects a government from temporary interest-rate spikes and gives it more time to adjust to permanent rate increases. — tap to centre the map on it A longer average debt maturity protects a government from temporary interest-rate spikes and gives it more time to adjust to permanent rate increases. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Canceling government bonds held by a central bank creates no fiscal space, because the reduction in government interest payments is exactly offset by an equal reduction in the profits the central bank remits to the government. — tap to centre the map on it Canceling government bonds held by a central bank creates no fiscal space, because the reduction in government interest payments is exactly offset by an equal reduction in the profits the central bank remits to the government. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Cutting off trade with tariffs would force a huge interest-rate spike and probably a debt crisis, because the budget deficit would have to be financed at home. — tap to centre the map on it Cutting off trade with tariffs would force a huge interest-rate spike and probably a debt crisis, because the budget deficit would have to be financed at home. Last stated 2 years ago
14 Apr 2025
JC
John H. Cochrane — holds since 2025-04-14 — tap for who they are