I see there are still people online railing on about how awful younger or older generations are. I don't know why people do it, it's just seems to me like any other form of bigotry & makes people look ignorant, disrespectful and narrow-minded.
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And probably every generation, including boomers, could be considered to be victimised by the previous generation. Millennials will probably be attacked by younger generations soon too, and we probably don't know what reasons it'll be for.
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A lot of millennials, especially on Twitter, have convinced themselves that all Boomers see them as lazy & entitled. In reality, close to none of them give a shit. They didn’t ask to be born in a time of easy access to a college education and ample employment opportunities
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Nor are they collectively responsible for the actions of a few greedy bankers on Wall Street. By constantly whining & bitching about Boomers like a bunch of brats, they’re effectively playing into the stereotype that they think other people are attributing to them lol
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Unsure whether you will feel better with the story "there's no conspiracy to screw youth, this is just the result of shifts in impersonal economic parameters only incidentally correlated to age cohorts" But that's probably closer to an accurate description of the world here :/
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Not really, we have/had the ability to adapt to those economic parameters through policy. But blaming a generation for certain ideological shifts that have taken place among our political institutions & intelligentsia over the past few decades is counterproductive
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im a professional economist ama about the limits of policy :/
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It isn't a short squeeze. There is nowhere near enough short interest in housing to prompt a squeeze. It's just a typical regulatorily-imposed shortage of supply. A bit analogous to why medications are so needlessly costly.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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