Economy: The real reason people are falling behind on payments and debt? Living for the present?
Post Covid there has been increase in "living for the present" as people realized they might be postponing experiences for a future that does not come.
Economy: Vox says Gen Z isn’t having the worst possible time in history
Social media says Gen Z is screwed and they are going through the worst time in history. Vox, though, says this is not true.
Climate: Swedish youth concern for climate plummets to 13-15%
Swedish youth have lost interest in the climate. So has Greta Thunberg, who took up sailing to the mid-east.
No: Is the housing shortage due to “Boomers” not downsizing?
"Boomers" age 65+ are already living in smaller homes, per data, and this is largely unchanged in 25 years.
Home ownership by age group
Home ownership by age group has remained remarkably constant over decades, contrary to some recent media memes.
Economy: Trends in net worth
The largest change is in the net worth of the top 1% and then the top 0.1%.
Demographics: Getting rid of stuff – pianos, hutches and fine China dishware
Due to an "inheritance glut" and other changes, pianos are now free, 8-10 place "fine China" place settings sell for $50, and few want Grandma's "hutch".
Demographics: “Boomers” are the cause of high priced homes
Economy: Housing problems are all due to "boomers" because they are not moving to smaller homes. Reality: The US has not built smaller homes for 50 years.
Demographics: Widespread school closures due to fewer children
If only someone would have mentioned what would happen with a shrinking fertility rate ...
Demographics: “World fertility rate hits 60-year low as population crisis looms”
It's been dropping in the US for 200+ years, and globally for at least 60 years.