Article assumes Boomers won’t spend it all before they die.
https://www.theguardian.com/money/2024/feb/28/millennials-richest-generation-wealth-property
Weird it doesn’t feel like it.
Just as a feature of inflation the numbers that represent the wealth held by millenials will almost certainly eclipse that held by previous generations. But also thanks to inflation the actual value change represented by that larger number is sweet FA. Everything is just more expensive.
Richest in variety of debt, maybe
It’s the cruelest clickbait I’ve seen in a long time.
The writer should maybe go and visit some nursing homes. They’ll find a fuckload of poor old people that are most definitely not wealthy.
Capitalist propaganda
This article assumes my parents are rich. I don’t have new money and I’m not receiving old money.
The switch will see $90tn (£71tn) of assets move between generations in the US alone, “making affluent millennials the richest generation in history”, Knight Frank said in its 18th annual wealth report.
And which old rich boomer is going to give me money, exactly?
My family are poor, my parents were poor, my grandparents were poor, etc etc.
It’s all about what bloodlines you’re in. Which class you’re in. Obviously the rich ruling class are going to inherit their family money.
Can gen x get it before the millennials blow it on avocado toast and Netflix please?
No fuck off gen x already blew theirs on cocaine and dotcom stocks
I never had money for cocaine or stocks.
I’m Gen X and I’ve always been poor.
My parents weren’t doing much better, either.
I don’t think I can ever retire. I’ll be one of those people that gets evicted from a nursing home
Every generation got fucked. Boomers may be stupid in a lot of cases but they are mostly suffering under the same issues we are.
No war but class war.
