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by tunichtgut 3761 days ago
What i realised is, that the millennial generation (im gen y) has spawned a yolo (you only live once) or better to say, yoln (you only live now) attitude. They dont have much hope in their future, so they tend to live now. Not tomorrow. They dont safe money, they spend money, they max out their borrowing, they max out consumption. From their perspective, its perfectly logic to do so. And even some of my old friends, the kids from the 80s, have started to live with the "yoln" live style.