this post was submitted on 28 Jan 2025
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Slop.

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For posting all the anonymous reactionary bullshit that you can't post anywhere else.

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I hope you all appreciate what I expose myself to in order to dredge up slop for you all. There’s no more radioactive quarter of the internet than whatever the hell LinkedIn News is.

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[–] Coolkidbozzy@hexbear.net 58 points 5 months ago

wealth quadrupled from 2019 to 2022

shout-out to the boomer remover, I guess. Really great way to run an economy covid-cool

[–] autism_2@hexbear.net 42 points 5 months ago (1 children)

Don't care when will my zoomer wealth quadruple (to $400)

[–] sharkfucker420@lemmy.ml 32 points 5 months ago (1 children)

Now show me wealth distribution amongst millenials

[–] TankieTanuki@hexbear.net 30 points 5 months ago

It's just Mark Zuckerberg.

[–] Robert_Kennedy_Jr@hexbear.net 28 points 5 months ago* (last edited 5 months ago)

Definitely anecdotal but for every person I know who is making 6 figures and owns a home in that age bracket I can easily think of 3 that are scraping by, have known a few people in recent years that lived in shipping containers for extended periods of time.

[–] mechwarrior2@hexbear.net 27 points 5 months ago

These articles almost always omit that "millennial wealth" is concentrated in a smaller proportion of that cohort than previous generations, and that those millennials with the most wealth got most of it from inheritance

[–] Pastaguini@hexbear.net 26 points 5 months ago (1 children)

The picture is also funny. “Oh look, honey, our wealth just quadrupled”.

[–] thefartographer@lemm.ee 19 points 5 months ago

*Shows four late notices of payment requests*

[–] Beaver@hexbear.net 26 points 5 months ago* (last edited 5 months ago)

I think they're sourcing this claim from a different article on the same subject:

Empower data shows Millennials wrapped 2024 with an average net worth of $333,096

That's the claimed average. Doesn't pass the basic smell test, even with massive inequality.

[–] NephewAlphaBravo@hexbear.net 21 points 5 months ago (1 children)

you can in fact quadruple a negative number

[–] ElChapoDeChapo@hexbear.net 8 points 5 months ago

Underrated post

[–] Dessa@hexbear.net 21 points 5 months ago

2019: Millenials have a dollar to their name. 2022: Four dollars

[–] barrbaric@hexbear.net 18 points 5 months ago

Generational politics are fake, this is all because Zuckerberg made a shitzillion dollars and drags the average way up.

[–] Skeleton_Erisma@hexbear.net 17 points 5 months ago

Their source:

made-it-the-fuck-up

[–] MolotovHalfEmpty@hexbear.net 17 points 5 months ago

Wealth is increasingly concentrated in smaller and smaller amount of people.

Successive generations have been having less and less children.

Older millenials are reaching the age when they inhereit generational fortunes.

Shut up.

[–] Evilphd666@hexbear.net 15 points 5 months ago

Where my 4x returns?

[–] DragonBallZinn@hexbear.net 13 points 5 months ago* (last edited 5 months ago) (2 children)

Can someone ELI5 why they do this?

doomjak: “I’m poor.”

porky-happy: “No you’re not! You’re rich, actually!”

If it’s a pretext to raise prices, then porky knows in the back of his mind he’s only fooling himself. It feels like they’re only saying this in a taunting way to demoralize young people.

[–] Assian_Candor@hexbear.net 4 points 5 months ago

It breaks class consciousness. If it's everyone broke, it's a systemic failure; if it's just you it's a personal one.

[–] GalaxyBrain@hexbear.net 12 points 5 months ago

So all of our money is in houses we don't own and retirement accounts that we don't have.

[–] plinky@hexbear.net 12 points 5 months ago

Have millenials escaped zuck whitehole effect?

[–] glimmer_twin@hexbear.net 12 points 5 months ago (1 children)

Damn I didn’t realise I had an appreciating home, that’s good to know!

[–] keepcarrot@hexbear.net 11 points 5 months ago (1 children)

Is this based on median property ownership, or mean? (Or various income measures?)

LinkedIn is so gross. Just the most naked face of our society that doesn't directly involve force (ironically, given that everything posted there is the most insincere thing the poster has posted)

[–] christian@hexbear.net 2 points 5 months ago

Someone else in this thread gave about $333,000 as the average they're claiming so you tell me.

[–] CrawlMarks@hexbear.net 7 points 5 months ago

I have 4$ now