The boomers were a really lucky generation. They've completely broken the economic model though and it is time for a reset. Wages can't keep up with asset prices.
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The boomers were a really lucky generation. They've completely broken the economic model though and it is time for a reset. Wages can't keep up with asset prices.
Okay. Are you thus giving the subsequent generations the right to blame us Gen Xers for the gulf-wars, the Leeman crisis of 2008? Throw in the Falkland Island wars between England and Argentina in the 1980s when I was in grade school, while you're at it. Then there is Covid-19 lockdown mania and the bad monetary policy. Blame us gen Xers for that, too.
That's all nonsense. Of course. Quit this group think. What can you and I do today? We can use non-fiat currencies we agree with, avoid spending too much money on things you don't need and try to progress. I don't think I am responsible for these things I mentioned here. I doubt you are. I know that my uncles or parents are not responsible for the banes that happened while they were younger.
I don't think Gen X had much to do with the gulf wars or lehman. That would still be the boomers.
Agree on all points but for many, even a full day's worth of work doesn't cover their basic costs. Depends on where you are but over here, rent is a huge and unavoidable problem.
Agreed. Ultimately, this is the only thing that we should consider and work on.
I find this true from experience. We're forced to borrow way above your head (mortgage), or someone else will and try to make a proportional return by charging you rent. If these loans were not available, the prices would be cheaper but there would be many who wouldn't be able to afford to buy at all though.
but isn't it a good lil' morsel to throw out there to get some good dialogue and chat going :)
I suppose being on the tail end of Millenialism I just thought having tons of piercings were awesome till I grew up (well mostly), am VERY glad I didn't wind up like some of my friends who inked themselves so much it affected their careers or lack of in some ways. ;)
I think the whole paradigm of 'generations' promotes a kind of a false tribalism in some cases. Although it is valid for aggregate discussions what challenges people faced during historical periods and so on.
I suppose most things are false tribalism anyhow but I can't just not slip in a boomer 'joke' when warranted especially in the states, very,very obvious on wealth gaps etc..... plus even at eighty plus just keep adding botox and make sure not to let anyone young enough to remotely be your grandchild have any real power. It's one thing to respect the elders and I'd probably look at some 18 year old trying to tell me how to run things and be like.....okay lil' snowflake.
as far as for golden apple throwing on trying to drum up chatting what can I say? if it works , it works. America's power gaps with some exception in fintech and a few other fields is still reallllllly dominated by a group handed a lot on a platter overall. Their kids then wind up entitled as all hell (gen x but more like millenials and then the zoooooomers) gasp!
I far prefer replies like this over "nice post buddy" and am thinking, "do they not even bother to look at my thumnail pic?" It's another thing I like to throw proverbial apples at when and if needed for sometimes just the heck of it.
oh they totally screwed us over hence we're now having to try to invent different ways but still have very human problems even in that...we shall see, the boomers are NOT giving up power either, look at Gov. O.o
Lol they definitely won't give up... many still clinging to power even in their 70s and early 80s. Goodness, please rest for a while and enjoy life.
no joke, who wants to still be doing the D.C. Swamp dance then? le sigh