….refugees, money, jobs, anything!
Facebook recently surveyed Millennials and discovered that 86% were saving – not for a pension mind you – but for a vacation. Neither Millennials nor Hipsters appear to have a pension plan, which is of grave concern to the Financial Sector.
Whilst it’s tempting to see this sort of hand-to-mouth behavior as short-sighted, hedonistic stupidity. In actuality, it is the most rational response to the environment our youthful generation finds itself in.
Why pay for a deckchair on the Titanic when you can sip whiskey and make love by the fireplace in the first class lounge?
Given that the value of land in Northern Europe and America is totally out of proportion with reality; largely the result of unjustifiably loose monetary policy and successive governments pandering to the boomers who in their great financial prudence own nothing except a house (or two, which they rent out to us for half our income.) According to one Millennial “I can even support a 70 year old accosting me at gun-point and taking half my wages each month. There is a certain intellectual honesty in this. What I cannot stand is boomers telling us we are spending it all on vacations. At least look me in the eye when you rob me.”
Continue reading “Why millennials aren’t bothered by anything…”