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RE: Are the Old Folks Out of Touch?

in Economics2 months ago

The old folks are completely out of touch.

Even with Boomer 2s.
If you were a boomer and got into assets before the "inflation" (money printing after gold window closed) then you are set. If you were just 10 years later, and didn't hustle to get assets, you are really, really poor now.

For this latest generation, there are NO houses, there are NO women.

Each one is in short supply, and they go to the more economically viable, last generation.
(each generation sucked up some, that would have typically gone to the THIS generation)

They blame p0rn.
However, p0rn is all that there is.
There isn't alternatives.

The boomers have bought up, and kept all the houses (many with two) and all the top jobs. Unlike previous generations who handed those off to their children.

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This mountain of debt has been building since the Federal Reserve was created, and we are the collateral. Government and private finance has been deliberately shifted from productivity and savings to speculation and debt. Whether it was more well-intentioned ignorance with a dash of hubris, or a malicious conspiracy, we're victims of over a century of bad ideas and decisions exponentially piling up. Time to reject it. The beast will fight to survive, but it's literally us or them.