Gen-X here... I'd say its 80% the fault of baby boomers, 10% the fault of Gen-X and 10% of millenials own making. Lots of Millenials have serious issues with e

Gen-X here... I'd say its 80% the fault of baby boomers, 10% the fault of Gen-X and 10% of millenials own making. Lots of Millenials have serious issues with expectation management. Lots of millenials want to work in glamourous industries rather than boring and unpleasant ones that pay well and are somewhat secure. Gen-X didn't complain early enough about baby boomers selfishness and just got depressed. If we'd have been more politically active earlier maybe it wouldn't have been so bad. We got on with our silent generation parents and they left us what money they had as an inheritance. Baby Boomers though are the most selfish generation in history who have profited from a period where going to university wasn't just free but you were paid to go, where being able to get 3 jobs at the same time wasn't impossible, where jobs for life with full salary pension were common, where high quality publicly funded housing was sold off on the cheap and where governments realised that housing speculation was a way for the middle class to feel like an entrepreneur. Every baby boomer who speculated in property decided it was ok for everyone else's kids to struggle to buy a home - when lots of people decides to do that it's a bad situation. The unwritten contract between parents and children was always that the parent would sacrifice and try to provide a better life for their children and grandchildren. Fast forward to now where Baby Boomers inherited their parent's wealth and have decided that they're going to spend not just their parent's wealth but also spend all of their own wealth early to travel the world and enjoy life rather than give it to their kids: https://www.ft.com/content/9b4a7bfe-5933-11e4-9546-00144feab7de https://www.ft.com/content/9b4a7bfe-5933-11e4-9546-00144feab... The problem with this is going to be that once they spend all their own money they will expect the state and their children to look after them despite not handing down any money. The same millenials who have struggled to earn money their entire lives, and will have to compete with AI and robotics. I fully expect to see many many baby boomer pensioners being left to rot by their millenial children in poor state-run retirement homes as the millenials realise how their own parents screwed them over one last time. I truly feel sorry for millenials - lots of articles talk up their flaws but they are in no way equivalent to the borderline apocalypse when they reach retirement that they're being handed by baby boomer parents.