View Single Post
Old 03-08-2016, 02:03 AM  
Paul Markham
Too old to care
 
Paul Markham's Avatar
 
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
If you're under 30, you're odds on to be poorer than your parents.

30-year economic betrayal dragging down Generation Y?s income

Quote:
The full scale of the financial rout facing millennials is revealed today in exclusive new data that points to a perfect storm of factors besetting an entire generation of young adults around the world.
Besides the anecdotal stories, it's obvious most will be poorer than their parents. And their children will be poorer still. Just so we can buy cheap iPods and clothes. Which the next generation will struggle to afford at any price.

The reasons are simple. Countries where poverty once rules are now becoming wealthier, the 1% are becoming even richer while the rest grow poorer.

The EU has signed a fast track deal to include Turkey, so that will continue the process.
Paul Markham is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote