Yeah gen-z is gonna be fine. Just because there are loud complaints doesn’t necessarily mean there’s a problem. I’ve suspected this generation will end up wealthier than its predecessors. Maybe even the baby boomers too. Seems counterintuitive to the popular narratives doesn’t it.
In particular because savings and especially investments have become far more accessible. The stock market used to be for rich people. Women couldn’t even have bank accounts. These days an average couple can each have their own savings, investments, and benefits. A lot of baby boomers are basically living off the mans income and pension.
The generations that got fucked hard are those who were working or trying to start careers during the great recession. Some baby boomers and older gen-x lost everything. Younger gen-x and millennials were set back financially several years or even more than a decade.
Less talked about is the recession baby bust. Which is also the reason universities are set to contract severely. Nobody was having kids. Now there are fewer students. In the longer time span the baby bust generation will not have adult children to care and support for them in elderly age. That is a severe financial penalty that will compound on having less savings too.
true especially that the younger generation is always gonna be the most hated.
for example: GenZ hates Gen Alpha(this is that X gen hates Y gen), they always say Gen Alpha is cooked (this is that X gen is cooked)
Yeah gen-z is gonna be fine. Just because there are loud complaints doesn’t necessarily mean there’s a problem. I’ve suspected this generation will end up wealthier than its predecessors. Maybe even the baby boomers too. Seems counterintuitive to the popular narratives doesn’t it.
In particular because savings and especially investments have become far more accessible. The stock market used to be for rich people. Women couldn’t even have bank accounts. These days an average couple can each have their own savings, investments, and benefits. A lot of baby boomers are basically living off the mans income and pension.
The generations that got fucked hard are those who were working or trying to start careers during the great recession. Some baby boomers and older gen-x lost everything. Younger gen-x and millennials were set back financially several years or even more than a decade.
Less talked about is the recession baby bust. Which is also the reason universities are set to contract severely. Nobody was having kids. Now there are fewer students. In the longer time span the baby bust generation will not have adult children to care and support for them in elderly age. That is a severe financial penalty that will compound on having less savings too.
true especially that the younger generation is always gonna be the most hated.
for example: GenZ hates Gen Alpha(this is that X gen hates Y gen), they always say Gen Alpha is cooked (this is that X gen is cooked)