• NauticalNoodle@lemmy.ml
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    21 hours ago

    I got a job as a security guard for a contract security company. That position had no hope of ever receiving a pay increase (not even an annual $0.25 COL adjustment) and it had very little opportunity for advancement. I quit for good after the second time the client security-manager kept me after I was off the clock for twenty minutes to chew me out and curse at me. -The client company was the embodiment of Late-stage capitalism as it was a prescription benefits manager.

  • PunkRockSportsFan@fanaticus.social
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    1 day ago

    They got revenge on those who intentionally crashed our economy dragging the corrupt bankers hedge fund managers and politicians responsible to the streets, stripping them naked and whipping them until they learned the lesson : The People will not abide their usury anymore.

    Or did we just give them more of our money ?

    I forget.

  • apfelwoiSchoppen@lemmy.world
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    1 day ago

    In 2008 before the crash I was coerced into buying a house I couldn’t afford by an ex. Back then, they would give mortgages to anyone with a pulse, and no that’s not good. It should be good but in the context of that moment it was really really bad. After the crash the house went under water metaphorically and literally and totally ruined my life. Don’t do things you don’t want to do folks, trust your gut.

  • kinther@lemmy.world
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    1 day ago

    I spent most of my time gaming and not going out. Frozen pizzas, top ramen, bulk stuff to keep costs down.

  • barneypiccolo@lemm.ee
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    8 hours ago

    My 25 year old son has talked about how many of his friends throughout school and college were devastated by the 2008 crash, and their families never fully recovered. We were one of those families. At the time, we lived in the county that had more foreclosures than anywhere else in the nation.

    And yet there has hardly been any discussion of the extensive human damage that was done. Profitable businesses got bailed out, but nothing for people whose houses and vehicles were taken, credit ratings destroyed, jobs lost, etc.

  • Endymion_Mallorn@kbin.melroy.org
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    22 hours ago

    For me it’s simple: I lost my planned career. I was going to be a librarian. The money to give me a scholarship dried up. So I pulled myself together, bopped through decent jobs for a decade or so, and now have a career.

  • jordanlund@lemmy.world
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    1 day ago

    Gen X. 2008 I was working full time as a systems administrator for an envelope manufacturer. All those foreclosure notices weren’t mailing themselves…

    It was hard seeing people I worked with nearing retirement age have their entire portfolios wiped though.

    Of course if they had invested when the Dow was 7,800…

      • FlexibleToast@lemmy.world
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        1 day ago

        You don’t even need to do that. Just use regular index funds and shift the percentage of your total investments to be more and more bond heavy as you get closer to retirement. Avoid those fees that those target funds have.

  • HeyJoe@lemmy.world
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    1 day ago

    I just moved out, I had a good job at the time that was unaffected by this (healthcare) and, if anything, thriving. Nobody I knew was really affected by this either. I think we were too close to starting our careers for it to do much to us.

  • ThePantser@sh.itjust.works
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    1 day ago

    2008 I started college because I couldn’t find a fucking job. Took me about 12 years to finish as I stopped when my kids were born to get a job to support us. But in 2008 taking out loans and going to school was what supported us until my wife was able to get a job that could support us both.

  • Blackout@fedia.io
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    1 day ago

    I ran away to China cause I was getting fat unemployment checks that more than covered cost of living there. Ended up starting a new career because of it. Too bad we made all our allies our enemies this time. Maybe I can go begging in Windsor.

  • Opinionhaver@feddit.uk
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    21 hours ago

    Is the answer that their parents paid for all of it as is the case for most people under 18?

    • socsa@piefed.social
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      12 hours ago

      Millennials start in 1984. About half of the generation was over 18 in 2008.

      • BrattiAtti@reddthat.com
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        5 hours ago

        Milennial generation is typically defined as 1981-1996, according to a quick web search. As an '82 baby, I was working a full-time grunt job making $6.50/hr with zero benefits, trying to fake empathy as my bosses (the company owners) lamented the absolute devastation of their '84 baby boy’s loss of most of his retirement.

        Cry me a fucking river, assholes. He’s an engineer with 40ish years of career ahead of him. He’ll be fine.