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"The Boomers are unbelievably good at running this kind of generational heist." I agree. But, it caught up with them. Now they are embittered, their house "inv
by muhfuhkuh 16y ago
"The Boomers are unbelievably good at running this kind of generational heist."
I agree. But, it caught up with them. Now they are embittered, their house "investments" are worth nearly nothing and, in the current market, almost unsellable; and they've leveraged every possession they "bought" on 15+% credit. On top of that, the sole means of most of their retirement (Social Security) is being debated by their "betters" as impractical, and thus the betters are finding ways to take that away from them and use media outlets to make them think that it's good for them that they'll not have that income.
"the kids of Gen X and the Millenials will still be working off the Boomer's debt"
Welcome to the New World Order. We love you, too.