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RE: End of an Era - Changing of the Guard

Boomers did have to work and could get somewhere if we did. We had the best healthcare and nutrition of any generation before or since, free education to graduate level and affordable housing. Overall, we are the richest generation with average assets of about £500k. It's a very large aging cohort due to the baby boom after the 1939-1945 war. Families now are more modest and the birthrate has been falling for a long time - we have more people needing social care and less (younger) people to do the work and pay the taxes that funds the services.

The ravages to the environment are more to do with changes to agriculture and increased fossil fuel use, especially cars, but also freight going by road rather than rail or sea, plus central heating. Councils in the UK have had their budgets cut by 60% since 2010. Youtubers might like to look at the Barnet Graph of Doom, old now, but which highlights the challenges facing councils:

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Street litter is a recent phenomonen to do with social and cultural habits and the increase in fast food and takeaway sectors. With councils (and NHS Trusts) going bankrupt, litter is a much lower priority than social care and statutory duties, most of which are about keeping vulnerable people alive and safe. It could be resolved by individuals changing their habits and putting their litter in bins/taking it home/not buying takeaways. In true Boomer fashion, don't get me started on people depositing chewing gum in the street 😂

I'm just wondering about the timing of the advert ... why now?

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Very informative, and that certainly makes sense from the councils shifting priorities and duties. People's careless behaviour with regards the environment, litter and chewing gum also a pet hate of mine! Counteracted with councils removing bins and excessive charging to despose of waste easily and you have what you have.

Average assets of 500k will I presume pass on to GenXers and the question is what will they do with it? Keep the housing ponzi going or put it into harder newer assets like Bitcoin? (Most GenXers are on the housing ladder already). I was chatting to a Millenial last night who was bemoaning the crazy rental costs and getting on the housing ladder must be quite difficult right now.

I've noticed a very negative sentiment from the UK for a while though and it may be in a full depression, there seems far to many regulations, taxes and centralisation. The Pound Sterling could be reflecting the losing attractiveness of the UK's mismanagement. If I was younger, I would (again) abandon ship for brighter opportunities where you can get things done - the world is your oyster. With the digital economy and money, everything is up for grabs!

The Jaguar advert I think co-incides with their pivot to the premium market and EV only. Not sure they have go their target market for that right though!

Not sure they have go their target market for that right though!

😁