I read Milt's post this morning in amazement (not the one about oral sex!!)
Fairfacts beat me to it but here's my 2 cents worth.
There are two fundamental problems
Firstly, socialism interferring with market forces. The unhuman desire to make everyone equal. Reality is that a free market will allow everybody, depending on their skills, to achieve. Some will become Bill Gates and others will take out his rubbish. This is why socialists should never be allowed control of democracies.
Secondly, as the wealth of the developed world has increased, the increasing populations in these countries have to compete more and more for ways to create wealth. So people turn to trading their land and property amongst themselves to make money. Prices rise, fuelled by easy socialist inspired (PC) credit until the bubble bursts.
The solution is to get rid of high taxing socialist governments so that people don't have to create wealth by property speculation but by normal work.
NZ envy of world – Joe Hockey
13 minutes ago