Here is the article mentioned in the video:
https://finance.yahoo.com/news/unconscionable-baby-boomers-becoming-homeless-103000310.html
It is being reported that Boomers are ending up homeless at a rate not seen since the Great Depression.
In this video I discuss how this could happen and how the Boomers have been in control for much of the last 30 years. It was a generation that was bigger than any other and also came into prominence during the semiconductor era. This generation saw the greatest wealth generation in the history of the world.
▶️ 3Speak
Yeah, but, as a nation we're cozying up to making homelessness illegal, and we have all those private prisons they built to move them into until we can ship them off to a nursing home. They should rejoice in getting to feed the beast they unleashed right to the bitter end.
Edit to add: Heh heh. 😁
Haha!
Yeah, I saw that article too. Sure, it’s just anecdotal, but none of the (mostly) boomer people I know have ended up homeless. My boomer wife and boomer me both have decent retirement accounts. Also $HIVE, $BTC, and silver.
And my son (Millennial) and stepkids (Millennial and Gen-Z) all have 401(k)’s and/or IRA’s.
I point my finger squarely at Nixon and Reagan for the bullshit trickle-down economics they duped the Boomers with. This homelessness certainly won't be an issue for the boomers in my life, but I can see how the situation was exacerbated by a generation that was taught to consume above all else.