Boomers not boomed after all

[expat]

In US, 8 million baby boomers go hungry amid health and economic challenges

The baby boomer generation was supposed to be the one that slid into its twilight years with everything sorted out – health, financial stability and long life expectancy. But that may not be the case. According to a new study, boomers – defined by the authors as people between the ages of 50 and 64 – are facing a host of health and economic challenges.

[PurpleGorilla]

And yet we strive to be like them [emoji102].

[DimPrawn]

The rich tend to be older, because, (and this might come as a shock to you, seeing you were edjukated under Bliar's govt) they have had a long time to accumulate it.

Yes, most of the wealth is due to property/land prices going exponential, but this is what happens with loose monetary policy to create a false boom to keep everyone in the belief that there was real growth in the Western economies.

https://en.wikipedia.org/wiki/Greenspan_put

[PurpleGorilla]

The rich tend to be older, because, (and this might come as a shock to you, seeing you were edjukated under Bliar's govt) they have had a long time to accumulate it.

bLiar just followed Thatcher's policies. I didn't vote for either.

Thanks for the history lesson grandad.

[expat]

The rich do tend to be older. That doesn't mean that the older tend to be rich.

[PurpleGorilla]

The rich do tend to be older. That doesn't mean that the older tend to be rich.

Indeed. Not all young people are lazy iPad fiddling latte drinking trust fund types.

But generally, generally, the U.S. Baby boomer middle class has had a pretty good innings.

[DimPrawn]

Indeed. Not all young people are lazy iPad fiddling latte drinking trust fund types.

But generally, generally, the U.S. Baby boomer middle class has had a pretty good innings.

Very probably, but here's another shock for you. Not many people here are wealthy U.S. baby boomers.

[PurpleGorilla]

[PurpleGorilla]

Very probably, but here's another shock for you. Not many people here are wealthy U.S. baby boomers.

This is a thread about US baby boomers Grandad.

[DimPrawn]

I repeat, not many people in the UK are wealthy US baby boomers....