The group vs group dynamic here is quite interesting because one group consists of parents of the other, though not directly. Its those "other" children and tho

The group vs group dynamic here is quite interesting because one group consists of parents of the other, though not directly. Its those "other" children and those other "parents". Millennials are simply trying to live for the future, as their parents did. But the exponential growth stalled so the extrapolation they were prepared for is no longer correct. The wealth is dispersing elsewhere globally. Domestically only those that are part of this dispersion, mostly technologists and higher echelon finance people, continue this growth. Millenial behavior that seem wasteful like avocado toast are a type of premium mediocre consumption that they are not oblivious to. It is a dispirited but sincere effort to tell themselves and their parents (and perhaps society) that they are alright. In truth, one generation's over optimism (not greed, as many say) causes the latter generation to be ill prepared. Neither side wants to admit this is an emergent systemic situation but rather would prefer to imagine it is controllable. Millenial's think it was something done to them. The other groups think millenials do it to themselves. All the while the countries without these group labels are simply rolling with the punches and surviving day by day and getting smarter. The countries that have grown too accustomed to wealth due to incorrect human belief that exponential growth can continue infinitely are too busy suffering to figure out how to survive. They are getting dumber.