if one with a fairly unsophisticated understanding of economics wanted to understand, in broad strokes, how this happened, what could he read?pic.twitter.com/IFPbGNSrtR
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it’s just that simple, boomers got money and then the stock market soared.
yea that’s sounds like the thesis in the article this guy linked. there seems to be (not in this article, but generally) some sentiment that a lot of this was the result of globalization. do you buy that? https://twitter.com/jeffgrigg1/status/1290404327660621824?s=21 …https://twitter.com/JeffGrigg1/status/1290404327660621824 …
And, *by definition*, boomer's parents (mostly their fathers) received a huge boost from veteran's benefits from WWII specifically intended for that purpose.
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