…the predictable outcome of thirty years of economic and…
…the predictable outcome of thirty years of economic and social policy that has been rigged to serve the comfort and largesse of the old at the expense of the young…
The Generational Short Part 2: Who Will Boomers Sell Their Stocks To? | Zero Hedge
The Generational Short Part 2: Who Will Boomers Sell Their Stocks To? | Zero Hedge:
With Gen-X and Gen-Y are out as buyers, who’s left to buy the tens of trillions of dollars of Boomer assets at bubblicious prices? Given that other nations face the same demographic dilemma, the answer appears to be: no one.
“One in five people in their 20s and early 30s is currently living with his or her parents. And 60…”
“One in five people in their 20s and early 30s is currently living with his or her parents. And 60 percent of all young adults receive financial support from them. That’s a significant increase from a generation ago, when only one in 10 young adults moved back home and few received financial support.”
Build your own banking scandal news story (Barclays edition)
Build your own banking scandal news story (Barclays edition):
QUARTZ BANK SCANDAL POST GENERATOR v4.7 // BEGIN TEMPLATE // Today [1. Bank] was hit with a [2. Size of penalty] fine by [3. Regulatory authority] for its part in manipulating the [4. Benchmark] market. The market is worth [5. Size of market]. [6. Stern statement from regulator] [7. Contrite statement from bank] In the…
Ugh.
