3 ms·
We are fourteen years into an extraordinary boom in asset prices and fourty years into the bond bubble because boomers are frankly greedy and want to pillage as
by engineeringwoke 5y ago
We are fourteen years into an extraordinary boom in asset prices and fourty years into the bond bubble because boomers are frankly greedy and want to pillage as much of their respective country's wealth before they die.
However, the only thing stopping them, the only boomer boogeyman that has ever existed (other than maybe WWIII) has come out of the woodwork: inflation. And now it is somehow still "bears are wrong lol cassandra lol" or whatever? You have to be kidding me.
- tomrod 5y agoI'm confused. How does owning bonds translate to people over the age of 58 being greedy?
- engineeringwoke 5y agoIt must be really convenient to live during a time where your generation have large-scale control of media, politics, and the economy from when they turn 25 until they retire, conveniently inflating financial markets and selling the future of your children's generation so that you can retire early and spend more than your fair share of society's wealth on things that don't matter, just because you were jealous of your parents, who were actually needed in a time of real crisis.