Millennials and the economy
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Millennials and the economy
Risk-adverse generation http://www.latimes.com/business/la-fi-t ... story.html
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Millennials and the economy
Millennial dream of early retirement just that http://www.businessinsider.com/millenni ... en-2016-10
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Millennials and the economy
Millennials worse off than Boomers http://www.investopedia.com/articles/in ... rs-did.asp
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
Re: Millennials and the economy
Hard economy for millenials. They are still starting to earn a good life. Good luck, tl brown law
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Millennials and the economy
Worse off than Boomers or Xers:
https://www.federalreserve.gov/econres/ ... 080pap.pdf
https://www.federalreserve.gov/econres/ ... 080pap.pdf
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Millennials and the economy
System unfairly saddled Millennials with economic problems and then blamed the Millennials:
https://www.theatlantic.com/ideas/archi ... my/577408/
https://www.theatlantic.com/ideas/archi ... my/577408/
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
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- Posts: 1313
- Joined: Tue Jan 09, 2018 8:07 pm
Re: Millennials and the economy
Tom Mazanec wrote:System unfairly saddled Millennials with economic problems and then blamed the Millennials:
https://www.theatlantic.com/ideas/archi ... my/577408/
- "The 80 million–plus people born in the United States between the early 1980s and the late 1990s stand accused of assassinating various hallmarks of modern life. The list of the deceased includes golf, department stores, the McDonald’s McWrap, and canned tuna. Millennials tore up napkins, threw out mayonnaise, and mercifully disposed of divorce and Applebee’s before graduating to somewhat postmodern crimes: “Have Millennials Killed Serendipity?” With the national murder rate in long-term decline, it may even be said that Millennials are killing killing."
- "Millennials “sense that they are both America’s impoverished generation and its moral guardians—absent on the payroll, but present at the revolution."
Why would young people feel such revolutionary fervor? Maybe it’s not because Millennials have rejected the American dream, but rather because the economy has not only blocked their path to attaining it but punished them for trying to.
Millennials are the most educated generation in U.S. history to date. They bought into a social contract that said: Everything will work out, if first you go to college. But as the cost of college increased, millions of young people took on student loans to complete their degree.
... (Y)oung people took on debt to pursue a college degree, only to discover that the cost of college would push the American dream further from their grasp.
Is it any wonder that Millennials are eager to overthrow a system that has duped them into a story of permanent progress, thrown them into debt, depressed their wages, separated them from the trappings of adulthood, and then, for good measure, blamed them for ruining canned tuna?"
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Millennials and the economy
The generation that will save the world:
https://thedailycoin.org/2019/01/21/the ... the-world/
https://thedailycoin.org/2019/01/21/the ... the-world/
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Millennials and the economy
The kind of generation Millennials are now:
http://endoftheamericandream.com/archiv ... is-heading
http://endoftheamericandream.com/archiv ... is-heading
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
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