Archived Are our older generations getting rich at the expense of the young? (fool.com.au)
submitted ago by captainplanet2
Posted by: captainplanet2
Posting time: 5.3 years ago on
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Archived on: 2/12/2017 1:51:00 AM
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32 upvotes, 3 downvotes (91% upvoted it)
Archived Are our older generations getting rich at the expense of the young? (fool.com.au)
submitted ago by captainplanet2
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[–] Cap_Dec 0 points 4 points 4 points (+4|-0) ago
They set themselves up with healthy pensions whose growth was unsustainable. 17 trillion in debt that they will never have to pay back. I'd say they screwed us yeah.
[–] 1851074? 0 points 2 points 2 points (+2|-0) ago
Your confusing the banking system scam with what regular people have control over (which is very little).
[–] Cap_Dec 0 points 1 point 1 point (+1|-0) ago
I'm not sure about that. There are people in control of those institutions after all, just as there are in govt. it's simply a matter of the different generations cycling through them. The greatest generation and the baby boomers have just not done a good job of taking care of future generations, or the very least giving them the consideration that they themselves were given.