/biz/ - Business & Finance

Do the boomers really not care that they are forcing their children’s generation to pay rent until their 40’s.

hello 4chan i am a boomer

i am not baiting in your pyramide fraud scheme

i listen to real economists like jamie dimon

i am smart

America's postwar success was a historical aberration that one should not expect to return.

The world was in shambles and handed a ton of shit to us.

We had 2/3 of the gold, over 1/2 the merchant fleet, 1/2 the manufacturing capacity, and a ton of prestige. Americans had lived through the depression, gotten skills and income from war jobs, and could not wait to unleash their savings on the postwar economy (granted the exorbitant privilege, a la Bretton Woods). Of course, golden-age thinking is fallacious. Life might have been easier for the mediocre, but there has never been paradise on earth.

You know what happened next.