this post was submitted on 26 Nov 2023
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chapotraphouse
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Generational gap comes from this:
As you can see, there is no way that millennials (collectively less than 5-8%), let alone Gen Z, will ever catch up to the wealth owned by boomers and Gen X.
Hmmmm its almost as if wealth and ones relationship to capital is the most important factor to understanding classes of people. I wonder if the struggle between these classes could possibly be the basis for all hitherto existing history.
Now remove the outliers from the millennial group (basically Zuckerberg who has fully half of all the millennial groups wealth) and the line is even worse.