People hate on the baby boomers for being the last generation right after the postwar boom, but every generation including them has had serious challenges. The boomers often saw their comfy domestic union jobs disappear or become shadows of their former selves, gen x experienced a really bad recession early on in their lives, the millennials experienced the 2008 financial crisis and things haven't been nearly as good as the numbers suggest after that, Gen Z has never seen good times in their adult lives, and Gen Alpha is being born during an era of tent cities and mass deaths of despair. The fact that we did have some outliers like the tech industry and the oil industry for a while doesn't change the overall picture.
So it hasn't really been getting better except in little zones. With millennials and gen z having way fewer kids, however, the population is set to crash, and when that sort of thing happens usually the lot of the common man changes and the secular cycle begins a new golden age. The millennials will largely miss it entirely I expect, Gen Z will start to see it (hopefully), and with luck Gen Alpha will really get to experience a general upswing in quality of life. At the moment Africa is looking like it's having a bit of a baby boom, but Peter Zeihan has suggested that's in large part due to the mass investment of the baby boomers with their retirement funds, so it isn't something that's going to keep happening as they burn through their retirements and such, instead that money is going to be repatriated to buy exlax and dog food.
sj_zero /
npub1m3…pnjzz
2024-01-18 10:29:49
Author Public Key
npub1m343wwwdmvare434daq4jpjyc4q4nv56pftgh03jej5l42azs44qwpnjzzPublished at
2024-01-18 10:29:49Event JSON
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"content": "People hate on the baby boomers for being the last generation right after the postwar boom, but every generation including them has had serious challenges. The boomers often saw their comfy domestic union jobs disappear or become shadows of their former selves, gen x experienced a really bad recession early on in their lives, the millennials experienced the 2008 financial crisis and things haven't been nearly as good as the numbers suggest after that, Gen Z has never seen good times in their adult lives, and Gen Alpha is being born during an era of tent cities and mass deaths of despair. The fact that we did have some outliers like the tech industry and the oil industry for a while doesn't change the overall picture.\n\nSo it hasn't really been getting better except in little zones. With millennials and gen z having way fewer kids, however, the population is set to crash, and when that sort of thing happens usually the lot of the common man changes and the secular cycle begins a new golden age. The millennials will largely miss it entirely I expect, Gen Z will start to see it (hopefully), and with luck Gen Alpha will really get to experience a general upswing in quality of life. At the moment Africa is looking like it's having a bit of a baby boom, but Peter Zeihan has suggested that's in large part due to the mass investment of the baby boomers with their retirement funds, so it isn't something that's going to keep happening as they burn through their retirements and such, instead that money is going to be repatriated to buy exlax and dog food.",
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