Financial Education #108: Baby Boomers Are Broke

in Threespeak3 years ago (edited)

▶️ Watch on 3Speak


Those looking to retire have set money aside to live off. Due to inflation, and potential hyper inflation, what once was a hefty amount of savings is purchasing a lot less goods and services. Are we in a ticking time bomb?


▶️ 3Speak

Sort:  

Watched the whole video. As much as its easy to blame "boomers" for all the worlds ills, they are just another generation with both good and bad people in it. I would guess almost every younger crypto investor has a parent or grandparent who is a boomer whom they love. I know I get mad at "boomer generation" sometimes but I also love my parents who are tail end of that.

I just remind myself it isn't the "boomers" im sick of, its the greedy ones, and greedy people exist in all generations. My best case scenari/hope is boomers get screwed by this economic system theyve setup, the younger investor generation helps rescue the impoverished older generation, and then everyone comes together again ALA OccupyWallstreet / We Are the 99% and boomers wake up to who has really been screwing them. Which are greedy people within their generation.

Note to boomers: Younger generation didn't financially screw you. The younger generation got financially fleeced by the same people who are screwing you right now.

Posted Using LeoFinance Beta

Unfortunately people are ignorant to inflation and how their pensions are being managed.

Posted Using LeoFinance Beta

!BEER

Posted Using LeoFinance Beta

Sorry, you don't have enough staked BEER in your account. You need 24 BEER in your virtual fridge to give some of your BEER to others. To view or trade BEER go to hive-engine.com