Writing Discussion : Baby boomers ruined America, according to this Generation X author

Discussion in 'Short Stories - Authors - Writing' started by Clyde C Coger Jr, Apr 8, 2017.

  1. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    ...
    How baby boomers went wrong managing money
    The one variable that best explains the retirement crisis

    ... Still, there are many baby boomers who squandered the opportunity for large gains in financial assets because they didn’t have any money at stake. I’m sure most of those who are underprepared right now for retirement would tell you they wish they would have saved more money when they were younger ...

    https://finance.yahoo.com/news/one-variable-best-explains-retirement-crisis-144546566.html

    The one variable that best explains the retirement crisis

    As returns in the markets grew stronger throughout the '80s and into the '90s the savings rates continued to plunge. It’s once again on the decline. If I had to point to one variable that could explain why so many are so ill-prepared for...
    finance.yahoo.com





    [​IMG]
    Ben Carlson
    Ben Carlson
    Yahoo FinanceAugust 3, 2017


    ...


     
  2. Bootzey

    Bootzey Well-Known Member MEMBER

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    If I'm reading the article correctly... it says a Generation X'er was making the claim and not a millennial....
     
  3. Lunar Cycle

    Lunar Cycle Well-Known Member MEMBER

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    Like we did you did too. Take care.
     
  4. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    Yep, all generations must take some responsibility for the ruins ... after all, America is the fall before Rome ...


    LESSONS FOR AMERICA FROM THE FALL OF ROME

    Bill Federer reminds us 'Freedom and prosperity are not natural – in human history, they're rare'



    The fall of Rome was a culmination of several external and internal factors ...

    http://www.wnd.com/2016/09/lessons-for-america-from-the-fall-of-rome/

    Lessons for America from the fall of Rome

    A Free Press For A Free People Since 1997
    wnd.com


    ...

     
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  5. Kemetstry

    Kemetstry going above and beyond PREMIUM MEMBER

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    Mellinials are tanking the economy by shopping on line





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  6. Lunar Cycle

    Lunar Cycle Well-Known Member MEMBER

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    It seems Mellinials ingrained caveat emptor style of spending wisely and avoiding risky business ventures or investing in highly touted dubious growth opportunities has now become politically INcorrect. Internet banking and other risky forms of transactions involving cyber currency embedding the members personal information subject to data mining, vendor abuse or cyber hackers are vigorously encouraged yet when an informed and frugal consumer elects to engage in their own beneficial cost saving cyber purchases instead of the ever increasing costly and taxable brick and mortar purchase aggravation they are accused of tanking an already traffic light red flailing economy. Couldn't be The criminal enterprise aptly named The Federal Reserve Bank which as a private entity actually wields more power then if it was a legitimate Federal Government Agency like the U.S. Mint or the Securities And Exchange Commission or The Wall Street Banking Cadre which isn't a government agency either but dictates policy to our esteemed U.S. Department of Commerce who no matter which way any finger of self interest points, the GDP buck supposed to stop at their desk. Since 100% of my comments are just personal opinion gleaned from reading, listening and watching various media sources feel free to take it as "for entertainment purposes only".
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  7. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    ...
    Older millennials are leaving the city for a new kind of suburb


    Why live in a metropolis when you can find urban perks in the suburbs? "
    Older millennials are realizing they don’t have a good answer to that question anymore. The result: a migration out of the city ...

    https://finance.yahoo.com/news/older-millennials-leaving-city-new-kind-suburb-183804971.html

    [​IMG]
    The Village at Valley Forge in King of Prussia, Penn., is a community of luxury apartments, townhomes, condominiums and senior living together with retail shops, restaurants, fitness center, healthcare and offices. It’s the ‘surban’ alternative to city life.





    [​IMG]
    Melody Hahm
    Reporter
    Yahoo FinanceAugust 7, 2017


    ...

     
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  8. Lunar Cycle

    Lunar Cycle Well-Known Member MEMBER

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    I've heard some mention of developers building what members of The National Association of Realtors term the new Rural Oasis style of living. Not really rural but in outer unincorporated and undeveloped suburban land tracts adjacent to commuter rail facilities and limited access highways basically within 20 to 35 miles from a burgeoning city.
     
  9. Kemetstry

    Kemetstry going above and beyond PREMIUM MEMBER

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    The powers that be want a cashless society. We are going that way whether we want it or not. Once there, they get to control finance




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  10. Kemetstry

    Kemetstry going above and beyond PREMIUM MEMBER

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    :bs: There are no older millennials. Most are barely out of puberty. :lol:



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