
nah our economy is cooked minimum wage in my state is 11 bucks an hour and average rent here per for a shitty place is 1000 a month without utilities and with basic needs like food gas clothing there’s no way i could make that work as soon as it’s our turn to be adults the world starts ending fr
Hi OP, the problem spans decades. The debt expanded since after World War Two and benefited the generations who owned assets since. As time passed the assets got more expensive to get when the wages buys less due to inflation. The 2000s was a transitory decade where generations graduating high school in and after that decade can’t get the same assets. It’s broken by design to benefit the ones who got the loans first.
This is why the debt needs to be erased and has happened in history before from ancient Israel to even ancient Egypt as examples. Japan in current times has experienced a lost generation due to their economy imploding since 1990 and under emergency assistance from their central bank since buying stocks directly. America I believe already has a lost generation.
The sad thing is Japan blamed the youth for being lazy for the lost generation but ignored the bad polices and the debt that doesn’t get repaid. I believe the same will happen in the US where a lost generation is declared and the youth will be the scapegoats while how and why the debt continues to rise gets ignored.