Guest Post by Martin Armstrong
The video above is an accurate depiction of how Millennials and Gen Z are operating in today’s economy. They were told that working hard and obtaining a higher education could afford the American Dream. Instead, they are unable to access home ownership, begin families, and are crippled by debt. Analysts now seem perplexed at the birthrate crisis and why the younger generations are not having families. Those unfamiliar with stark differences in the cost of living over the last few decades do not understand that the promises made to the younger generations were built on lies.
The ad above was put forth by Coinbase, and while I have explained that crypto is NOT the solution, I do believe the solution will begin when the younger generations rise up. Those in Congress will not live to see the implications of the bills they pass. Once upon a time, a family could live comfortably on a salary of one. The head of the household need not have an extravagant job to support a family, as a worker at a factory could manage to supply his family with all they needed.
Even in 1985, when the average person in the Baby Boomer generation turned 30, the average home in America was $82,800. In 2019, when Millennials turned 30, the average home price soared to $313,000. Gen Z is looking at a home price over $400,000. Now, the average income in the 1980s was around $23,464, meaning it would only take a few years to pay off a home that continued to appreciate in value. Yet we must factor in everything such as the price of tuition, inflation (goods, food, energy), the need for dual income and childcare services. There are endless variables but it all leads to a dead-end American dream for the youth.
This year, 2024, begins a sharp change in sentiments and a directional change followed by a major turning point in 2025. I have not seen the computer project something like this since 1985. Four of six models show a Trump victory, but the establishment simply will not let him win. Neither side will accept defeat, and we are looking at massive civil unrest paired with a war that will likely escalate over the summer months prior to the election that may be the last election held in the US. The computer shows real GDP in the US will decline into 2028, and inflation will rise due to international wars that produce absolutely nothing.
The Great Reset set for 2030 is NOT the solution, and their plan will fail. The world will change by 2032, but not due to the Great Reset. We are looking at the collapse of republican forms of government. By the time we get to 2032, that will be the light at the end of the tunnel. The USA will eventually break into three primary regions: 2) the South & Midwest Bible Belt will join together against, 2) the Northeast, and 3) the Pacific States will be their own la-la-land. The volatility will begin in 2024, but by 2032, the United States of America will not exist as it does today. The dollar will no longer be the reserve currency, as the yen will take its place. This does not mean that the world is ending, but rather, revolution is coming as the current system is collapsing before our eyes.
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
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They should deliver pizzas to pay off their college debt.
Everyone who doesn’t have what I have, and didn’t get it the way I got it when I got it is lazy and just doesn’t want to work hard and save.
If I could do it, anyone can do it.
Try and buy a low end house priced at $650,000 on even the best paying middle class job. Rent a two bedroom apartment for $2,600 a month. Things are no loner as we experienced them. Those are average cost where I live. Monthly grocery costs for two seniors avg $600 a month.
I left off the sarc tag
That’s how you drag out the midwits, imo.
Oh ,” OK Boomer “( I’m a boomer ) ” why when I was your age ….. get off my lawn ” and so on lol.
Shhhhhh….
Partner up with your family.
Buy the homes one at a time.
No loans.
Cash.
If people pooled there resources, they can bypass banks loans and debt.
Well that might be a good idea if i got the first pool of money.
If I can do it…reeeeeeee
” If I can do it “( mortgage your future )oh wait ?
I see what you did there.
I dont recall any promises made to me in the early 70’s when I started out.
It’s not about you, gamma bitch.
Poor flash……….cant catch a break because of them meanie BOOMERS
Im going to post a “where did they touched you” doll diagram and I want you to show us where the BOOMERS touched you.
Also include what they touched you with flash…………..you poor little thing.
Well, he is a Catholic.
No racial epithets in that entire long winded post zappa. Wow.
Yes.
How many contracts do you hold with government entity?
That, is where you gave away your rights.
You know how they prosecute people who have not signed a contract woth them for say a traffic citation?
They can’t.
Because until you accept their corporate fiction in all caps?
They can not prosecute or process you.
[Legal maxim about “two unlike things”]
Nowhere does the constitution prevent citizens from signing contracts with the government [state DLs] which strip your rights and freedoms.
Decline offer to contract.
Bullshit!
The constitution does protect your rights.
Even your right to sign contracts with the government where you get screwed….over and over and over and over…..til death ends your part.
Like Bush Jr said, it’s only a piece of paper. And they wipe their asses with it all the time. Reeeeeeee.. ….
It’s tricky because some of the whining from the highly credentialed set is crocodile tears, not genuine hardship. The biggest beneficiaries of widespread tax-free student loan forgiveness, for example, would be high-income young workers with advanced degrees.
But for the bottom 90% or so of folks under about 50, it’s hard to overstate the harms caused by unprecedented concentration of wealth and power. “The Great Taking” that has caught some attention recently has missed this – it’s not future tense. It’s past tense. The taking already occurred. The Republic already fell. You can’t go out on the median wage today and buy a decent home in a nice neighborhood. You can’t trust schools with your kids. You can’t trust that the legal system won’t financially or emotionally destroy you. Etc.
The question is whether we can take America back from those occupying the country. Personally, I think that’s much more likely than Balkanizing the country, which depends on the fantasy that the globalists would just leave flyover country alone.
” moar free market” Elon Musk ..champion of the Real Right …reeeee
“It cannot be too often repeated that what destroyed the Family in the modern world was Capitalism. No doubt it might have been Communism, if Communism had ever had a chance, outside that semi-Mongolian wilderness where it actually flourishes. But, so far as we are concerned, what has broken up households and encouraged divorces, and treated the old domestic virtues with more and more open contempt, is the epoch and Power of Capitalism. It is Capitalism that has forced a moral feud and a commercial competition between the sexes; that has destroyed the influence of the parent in favour of the influence of the employer; that has driven men from their homes to look for jobs; that has forced them to live near their factories or their firms instead of near their families; and, above all, that has encouraged, for commercial reasons, a parade of publicity and garish novelty, which is in its nature the death of all that was called dignity and modesty by our mothers and fathers.”
― G.K. Chesterton
“The new community which the capitalists are now constructing will be a very complete and absolute community; and one which will tolerate nothing really independent of itself.”
― G.K. Chesterton, Utopia of Usurers
“There is less difference than many suppose between the ideal Socialist system, in which the big businesses are run by the State, and the present Capitalist system, in which the State is run by the big businesses.”
Gilbert K. Chesterton
I love Chesterton (The Everlasting Man ) and all but stop pointing at and impugning guilt toward a ” thing “, A thing , like ” a gun ” , a pressure cooker ( Boston marathon Bomb) “water “for Christs sake (cuz after all some folks might use it to drown or torture other folks ), ” governing ” , ” capitalism ” . No , all of these things are A-Moral in and of themselves , it is only the way in which men employ all of these things that make them either good or evil .
Hey yeah though , that said ,the corporatization of America ,as much perhaps as anything , or at least in the running with the central bank debt backed fiat pscyhosis , has been our demise . But again really it all came down to the moral failing of men . I see, (saw it coming and sounded the alarm only to be condescended to and dismissed ) , what corporatization has done mainstreet middle America and it aint pretty . If we were to outlaw everything that has the potential to be used improperly I think we would find ourselves in an empty world . Now git before I beat you to death with this here adorable baby duck ?I mean you gotta admit baby ducks are up there pretty high on the cute qoutient right ?
What’s the family good for if not provide more slaves for the farm? Reeeeee……
Some are told they are oppressors and irredeemable. Others are told they are victims and can never succeed. Boys are told they should have sex with other boys are that they are girls. Girls are told they should have sex with other girls or that they are boys. Girls are told all males are toxic, misogynist and sexual abusers. Boys are told all women are sluts, betrayers and only are after their money. Medicine tells them all pills can solve any problem. Youth are told religion is bad and god doesn’t exist.
Yeah, I wonder why today’s youth are screwed up and don’t want to reproduce?
This is the result of our society believing in over educated PHD’s social planning ability …it’s a rainbow clusterfuck envisioned by no talent fuktards.
The Yen will take the place of the dollar? What?
How do you fail the youth when it takes a lifetime to figure out [for most? never] the truth that virtually everything we are taught prevents us from living a free, clean life?
They lied to us about religions.
Lied about government.
Lied about nutrition.
Lied about sexuality.
Your “GOD” is this system if you can not live outside of it.
The angels guarding the path to Eden, are the ideas [or lack of knowledge] that prevent you from directly cultivating the earth.
The earth? IS THE GARDEN! DIG IT.
The yen will take the reserve currency role dethroning the dollar? In 8 years?
What the fuck is this guy smoking?
OK Armstong.
The Failed Promises They Made to the Youth
I do not accept responsibility for the system’s deliberate mal-education process.
If I repeated their lies?
It was because I was duped by TPTB.
I overturned all their lies, and regularly expose the hypocrisy.
And here comes this writer-Armstrong trying to lay the blame for the chicanery of the ruling class at my feet?
FU
Pissoff.
I do not accept any responsibility for lies born before I was.
It’s not about you, gamma fag.
You are right flash-hole.
It is about morons [like yourself] sheepishly accepting the bulk accusation heaped on your head by the headline saying “WE”
Exhibit A:
“The Failed Promises We Made to the Youth”
Yes.
It is not about me.
It’s about moron dupes like flash-hole accepting the blame for other people’s acts.
Flash? More like dim or dull.
More like a flash, from the phrase ‘Flash in the pan’, which means:
Says the beta fag. Reeeeee…….
We’ve all been lied to, and while I have sympathy for younger generations because the costs of basics like food and shelter have gone up dramatically many of these same younger generations have swallowed the lies of the Democrats and consistently voted for these clowns. Votes have consequences and if you think the Government can spend without consequences you probably believe that establishing a minimum wage of $15, $20, or insert the figure here will have no consequences either. Truth is many younger generations can’t think critically or logically and that was probably the biggest betrayal of their lives the “education” system. You reap what you sow and others have to reap it as well. Welcome to reality, you can ignore it but it won’t ignore you.
the costs of basics like food and shelter have gone up dramatically
the costs of basics like food and shelter have returned to the late 70s ratio
Fixed it.
Great! Now you just have to restore the purchasing power of the present dollar to the late 70s value and we’ll have a misery index equal to the late 70s, which would be progress.
The older generations were brainwashed with bullshit too, and most still believe it.
My 42 year old daughter works full time as a RN. She has 2 kids,and me and her mother do much of the day to day child care. Her 2 bedroom apartment is 1600 bucks a month.. She is barely making it. When i was a young married man we managed to save the down payment for a house. Of course OUR RENT was only 200 bucks a month.