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by bpodgursky
2295 days ago
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It's funny how the only global crisis deemed worth shutting down society over is the one that impacts 65+ year olds. Global warming, pension underfunding, unsustainable healthcare, and education costs don't count, because the crisis is 15 years away (eg after they die). Crippling the global economy (and shutting down schools!!!) to stop COVID-19 hurts the future of 15-35 year olds the worst. But any reform is STILL going to be spent increasing healthcare funding -- to benefit the retirees impacted by COVID. $0 fixing the the damage to Gen Z, whose education and job prospects were delayed by (potentially) years, depending on whether we get sent into a recession. |
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I mean Gen Z and younger millenials are in for the biggest and easiest opportunity to get rich in our lifetimes. A combination of low interest rates, and then high market supply when a lot of old people die leaving their houses vacant, means a reduction in prices and cheap financing, as well as undervalued equities. Perfect time to get rich.