re: Another shaky sign of a lost generation: Welcome to the #YOLO economy

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Just look at the average age of politicians

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Truee. We need mandatory retirement for all in Congress.

That we let a bunch of geriatric old fricks with one foot in the grave make policy that they will not have to face the consequence of is outrageous.

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I meant comparing them as equals, because the whole point is that Boomers had it much easier than Gen X, who had it much easier than Gen Y/Millennials

It's a big "no shite" that Boomers had it easier

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Good luck getting Boomers and Xers to acknowledge this. Millennials who are between 32-38 got fricked so hard by the recession. We're essentially a lost sub-generation that got left behind. That's why you see so much YOLO from us. Like what do we have to lose? We've lost it all several times and we're still here. Might as well keep on rolling the dice until we hit snake eyes again or win big.

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I stopped thinking I would rely on social security and 401ks a long time ago and have begun dumping more money into more rental units.

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We had the CDC and FedGov eliminate evictions for a year. Rental properties became much more risky when that happened and no one questioned it IMO.

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The economy no longer makes rational sense anymore.

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Direct result of printing money and inflation bubbles. Real returns are hard to find, so the risk required to generate a return goes up.

Once upon a time one could generate returns from a savings account, then, it was junk bonds, then it was equities, now it’s NFTs and other fringe pursuits. Clear progression toward higher risk requirements to generate the same returns.

Oddly the millinial generation strongly supports political proponents and policies that are causing their financial headwinds.

Y’all baws should buy tawnf stock Monday

Read my dd on money board

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Millenials have not yet been in positions of power in corporate or politics to make any real influence

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What's been the voting pattern for Millenials?

Might be another few years but everything will work itself out. If you were a loser pre Covid you’re still going to be a loser.

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This is about people with useful degrees who were making it, in spite of the 2008 crash's effect on their future, who then face the Covid-crash of 2020.

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Their bank accounts, fattened by a year of stay-at-home savings and soaring asset prices,

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It seems to be about the people who have been successful and with the increase in wealth due to covid, are deciding to make moves and take more risk.

Seems a little silly. Many millennials went to school, got good jobs, got married, bought a house, etc like people have always done.

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Something strange is happening to the exhausted, type-A millennial workers of America.

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Unicorn. No such animal! Millennials have low work ethic and the entitled generation that is coming out now has none. Almost not hireable.