3 ms·
Globally shocking threats of all kinds which you are powerless to adequately cope with are well, globally shocking. And some generations are more affected and/
by fuzzfactor 5y ago
Globally shocking threats of all kinds which you are powerless to adequately cope with are well, globally shocking.
And some generations are more affected and/or more sensitive, or even more numerous with the shock spread out further.
The threat of further shock can have quite a dampening effect.
For a great many boomers when they were young men struggling to stay in college before student loans became widespread, otherwise facing being drafted for Vietnam service, it was not as comfortable as people sometimes imagine.
Nuclear proliferation was ongoing their whole lives with threats only increasing from a baseline higher than what most living people have had to endure now. It wasn't only the young men who couldn't be so sure anything would be here when 1970 came around. Or if they would reach that milestone themselves regardless.
You could just feel that things were going to get worse before they got better.
Good catch about the gold standard ending in 1971, of course it wouldn't have been possible if gold hadn't been confiscated in 1933, basically two generations earlier.
How did they get away with saying the confiscation was a "continuation" of the gold standard (after the "necessary devaluation of the dollar" was accomplished) anyway?
These were both global financial shocks to two different and separate generations each of whose members had various vulnerabilities.
A lot of the gloom preceding, then manifesting with, events like this, or worse world wars, has got a lot of similarity to the way some people feel worsening insecurity for the future right now.