Millennials in the Crisis Era

[David Horn]

(10-11-2018, 06:46 AM)sbarrera Wrote:

(10-10-2018, 09:54 AM)David Horn Wrote:

(10-09-2018, 06:51 PM)sbarrera Wrote: My most recent blog post. Finishes up the list of "what to expect in the Crisis Era" from the Millennial generation...

Another famous movement that seems to have come and gone is Occupy Wall Street, which protested income inequality and the corruption in government and finance that was brought into stark relief by the financial crisis and bailouts in 2008. The protests on the street may have ended, but they continue in the online world. On today’s Internet feeds there are endless posts about the difficulties faced today by Millennials trying to get by in the current economy – the burden of student debt, the impossibility of surviving on minimum wage, the need to delay life events like home buying or marriage until financial stability is achieved...

Of all the movements of the late 90s, 00s and early 10s, OWS is the one that the PTB feared the most. It was handled deftly and smothered as quickly as attention on it diminished.  I think yo are correct that the movement continues more underground than on the surface, because it's the one issue that left unaddressed makes addressing all the others nearly impossible.

Well, another financial crisis could instigate something. And there are hints one is just around the corner. So Wall Street might not be as settled into power as it thinks it is.

As a witty guy once said, "It's hard to awaken the dead."  Millennials may not be quite that unreachable, but they are focused 100% on themselves and their friends.  They have huge burdens to bear: college debt that cripples them financially, poor work opportunities that exacerbate their debt problems, cultural dynamism they don't really understand (and the rest of us understand even less), and the leftover social crippling they suffered as the objects of helicopter parenting.  Until the outside world becomes more threatening than their internal world, this is not likely to change.  A major recession might do it, but they already watched their parents work through the last one.  They may assume it will just work itself out.