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CNN: Millennials born in 1980s will NEVER maek it (link)

http://money.cnn.com/2018/05/22/news/economy/1980s-millennia...
cocky low-t station
  05/22/18
LOST GENERATION: https://www.stlouisfed.org/~/media/Files/PD...
cocky low-t station
  05/22/18
Thanks boomers
trip personal credit line
  05/22/18
That's why my retirement plan is suicide.
Contagious blue indian lodge stock car
  05/22/18
BABY WE WERE BORN TO RUUUNNNNNN
anal confused filthpig brunch
  05/22/18
I don't like running. Can we burn it all down instead?
Contagious blue indian lodge stock car
  05/22/18
it makes good points that wealth accumulation will be slower...
odious tanning salon
  05/22/18
no kidding. my parents still can't quite seem to grasp this
laughsome principal's office
  05/22/18
just get a summer job bro!
High-end Center
  05/22/18
That might pay for college, but what about a house?
Contagious blue indian lodge stock car
  05/22/18
...
laughsome principal's office
  05/22/18
You'll have to work part-time while in school
impertinent glassy police squad faggot firefighter
  05/22/18
Just live below your means and save up! Also consider a par...
Exciting Bat Shit Crazy Ratface
  05/22/18
Millennials can't even do that? They deserve what they get.
Contagious blue indian lodge stock car
  05/22/18
Thank
Ocher Cumskin
  05/22/18
...
trip personal credit line
  05/22/18
"the problem is more likely a result of debt and homeow...
Contagious blue indian lodge stock car
  05/22/18
"It is possible that the income and wealth trajectories...
Contagious blue indian lodge stock car
  05/22/18
they'll NEVER catch up tho, lost 10 years + the eventual com...
odious tanning salon
  05/22/18
Oh, well. Move on to Gen Z.
Contagious blue indian lodge stock car
  05/22/18
I lol'd heartily at this last line, meant to placate boomers...
laughsome principal's office
  05/22/18
ctrl-f "immig" 0 RESULTS
Avocado Keepsake Machete
  05/22/18
...
marvelous dysfunction
  05/22/18
Won’t most of us born in the 80s inherit money/homes from ou...
Galvanic turquoise athletic conference
  05/22/18
LOL. Boomers have nothing saved and will exhaust every penn...
Exciting Bat Shit Crazy Ratface
  05/22/18
Most? No. But this might be the perfect time to get into ...
Contagious blue indian lodge stock car
  05/22/18
sorry chief, 1980 isn't a shitlennial.
fear-inspiring dashing selfie genital piercing
  05/22/18
"Anyone born between 1981 and 1996 (ages 22 to 37 in 20...
Contagious blue indian lodge stock car
  05/22/18


Poast new message in this thread



Reply Favorite

Date: May 22nd, 2018 9:38 PM
Author: cocky low-t station

http://money.cnn.com/2018/05/22/news/economy/1980s-millennials-great-recession-study/index.html

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108367)



Reply Favorite

Date: May 22nd, 2018 9:39 PM
Author: cocky low-t station

LOST GENERATION: https://www.stlouisfed.org/~/media/Files/PDFs/HFS/essays/HFS_essay_2_2018.pdf?la=en

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108375)



Reply Favorite

Date: May 22nd, 2018 9:40 PM
Author: trip personal credit line

Thanks boomers

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108379)



Reply Favorite

Date: May 22nd, 2018 9:40 PM
Author: Contagious blue indian lodge stock car

That's why my retirement plan is suicide.

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108387)



Reply Favorite

Date: May 22nd, 2018 9:42 PM
Author: anal confused filthpig brunch

BABY WE WERE BORN TO RUUUNNNNNN

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108403)



Reply Favorite

Date: May 22nd, 2018 9:44 PM
Author: Contagious blue indian lodge stock car

I don't like running.

Can we burn it all down instead?

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108424)



Reply Favorite

Date: May 22nd, 2018 9:43 PM
Author: odious tanning salon

it makes good points that wealth accumulation will be slower with less growth

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108411)



Reply Favorite

Date: May 22nd, 2018 9:45 PM
Author: laughsome principal's office

no kidding. my parents still can't quite seem to grasp this

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108438)



Reply Favorite

Date: May 22nd, 2018 9:47 PM
Author: High-end Center

just get a summer job bro!

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108458)



Reply Favorite

Date: May 22nd, 2018 9:50 PM
Author: Contagious blue indian lodge stock car

That might pay for college, but what about a house?

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108474)



Reply Favorite

Date: May 22nd, 2018 9:56 PM
Author: laughsome principal's office



(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108509)



Reply Favorite

Date: May 22nd, 2018 10:22 PM
Author: impertinent glassy police squad faggot firefighter

You'll have to work part-time while in school

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108747)



Reply Favorite

Date: May 22nd, 2018 10:26 PM
Author: Exciting Bat Shit Crazy Ratface

Just live below your means and save up! Also consider a part time job and living with a roommate!

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108777)



Reply Favorite

Date: May 22nd, 2018 11:11 PM
Author: Contagious blue indian lodge stock car

Millennials can't even do that? They deserve what they get.

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36109121)



Reply Favorite

Date: May 22nd, 2018 9:49 PM
Author: Ocher Cumskin

Thank

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108465)



Reply Favorite

Date: May 22nd, 2018 9:51 PM
Author: trip personal credit line



(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108477)



Reply Favorite

Date: May 22nd, 2018 9:56 PM
Author: Contagious blue indian lodge stock car

"the problem is more likely a result of debt and homeownership."

BOOMERS!

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108505)



Reply Favorite

Date: May 22nd, 2018 10:00 PM
Author: Contagious blue indian lodge stock car

"It is possible that the income and wealth trajectories of this generation will be steeper than those of earlier generations, allowing many families to achieve their wealth goals in the end"

I mean, there's not a single good reason to believe that, but it takes the sting out of glum report.

(Just be sure to watch out for AI, globalization, growing inequality, reduced mobility, regulatory capture, and taxation arising from unsustainable government entitlements.)

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108560)



Reply Favorite

Date: May 22nd, 2018 10:01 PM
Author: odious tanning salon

they'll NEVER catch up tho, lost 10 years + the eventual compound interest

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108566)



Reply Favorite

Date: May 22nd, 2018 10:02 PM
Author: Contagious blue indian lodge stock car

Oh, well. Move on to Gen Z.

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108573)



Reply Favorite

Date: May 22nd, 2018 10:04 PM
Author: laughsome principal's office

I lol'd heartily at this last line, meant to placate boomers and absolve their brainwashing of an entire generation of the importance of education, while watering down the value of a degree and inflating the cost of one exponentially.

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108585)



Reply Favorite

Date: May 22nd, 2018 10:10 PM
Author: Avocado Keepsake Machete

ctrl-f "immig" 0 RESULTS

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108644)



Reply Favorite

Date: May 22nd, 2018 10:22 PM
Author: marvelous dysfunction



(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108749)



Reply Favorite

Date: May 22nd, 2018 10:17 PM
Author: Galvanic turquoise athletic conference

Won’t most of us born in the 80s inherit money/homes from our Boomer parents, though?

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108695)



Reply Favorite

Date: May 22nd, 2018 10:27 PM
Author: Exciting Bat Shit Crazy Ratface

LOL. Boomers have nothing saved and will exhaust every penny they have for 2 more minutes of life

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108788)



Reply Favorite

Date: May 22nd, 2018 10:29 PM
Author: Contagious blue indian lodge stock car

Most? No.

But this might be the perfect time to get into the reverse mortgage business.

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36108811)



Reply Favorite

Date: May 22nd, 2018 11:12 PM
Author: fear-inspiring dashing selfie genital piercing

sorry chief, 1980 isn't a shitlennial.

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36109137)



Reply Favorite

Date: May 22nd, 2018 11:17 PM
Author: Contagious blue indian lodge stock car

"Anyone born between 1981 and 1996 (ages 22 to 37 in 2018) will be considered a Millennial, and anyone born from 1997 onward will be part of a new generation," declared Lord Pew.

http://www.pewresearch.org/fact-tank/2018/03/01/defining-generations-where-millennials-end-and-post-millennials-begin/

(http://www.autoadmit.com/thread.php?thread_id=3984132&forum_id=2#36109180)