Former Secretary of Labor Robert Reich explains the forces driving the generational wealth gap between baby boomers and millennials.

they eat avocado everyday

For Malaysian, will be diabetes tea

Ok boomer

Boomers are hoarding those wealth.. share la

This post has been edited by xeroxphan: Jan 30 2020, 09:09 AM

Millennials logic. Don't do work but want a share of the wealth. Tongkatus maximus syndrome.

ok boomer

healthy wat

totally agree!

My parents are Baby Boomers and they agree as well.

Baby Boomers were very lucky, they have taken and exhausted all world's resources.

Before Millennials were born they are building wealth already, and after millennial were born, Millennials only work just to sustain them (pay for those Board of Directors, bosses expensive houses, 20 cars, expensive bungalows, expensive travel vacations)

Even richer for politicians like Tun's generation very lucky.

Because boomers think paying 2k for fresh grad is a lot alrdy, and doubling the property prices in a decade is sensible, and that their success are ALL due to their "hard work" alone

I am a millennial in my 30s, born in the late 80s... hurm..

Too late to explore the world, too early to explore the outer world

not healthy for the pocket

The yolo lifestyle of strawberry generation.

noob..u dont know what is called
YOLO.
u Yolo, i Yolo

this one is true.
satu tangan tepuk tak berbunyi.

Ok Boomer.

As long as I get to change iPhone every year.

Too many people, have to print more money... causing shrinking currency values...


So the same amount of money buy you less stuff..



Banks/financial system are one of the main culprits.


For the US, the constant need to go to war and fund their military for occupation is another reason.

Uncle Sam wasn't war mongering red neck until Jipunis bombed their Pearl Harbor. Blame Jipunis for that.

who cares

healthy > money