A generation accustomed to financial challenges is dealing with their recession fears through wry TikToks and by swapping cost-cutting suggestions online.
Millennials are worried they are about to experience a “once-in-a-lifetime” recession. Again.
Dire economic downturns are supposed to be rare, but millennials — defined by the Pew Research Center as those born between 1981 and 1996 — have already had several recessions during formative stages of their lives, from the dot-com bubble burst when most were children, to the Great Recession as they entered the workforce after college, to the Covid-19 pandemic when they were trying to settle into their careers.
Once dubbed the “unluckiest generation,” millennials have postponed major milestones during past recessions. A significant slice of them graduated college between 2007 and 2009 and struggled to find jobs, which led them to delay buying homes, getting married, and making major purchases, such as cars. Then, after the pandemic led to another sharp recession, some millennials, contending with student loans and rising costs of living, decided to rethink having kids.
As a millennial, this is part of why I’m seriously exploring the possibility of moving to the EU permanently.
As a non-US person, I can’t fathom why anyone would want to live in the US as a life choice. A few years to check it out? Sure. But for life? Hell, no. It offers little and is lacking or very low quality in many essentials the rest of us consider standard. It’s like choosing Hard mode without any extra reward or exp for the troubles.
I mean, why would anyone want to live in Venezuela as a life choice? Typically, those who would really like to leave don’t have the means to, and those who have the means to leave don’t have a real reason to. This current shake up is concerning, but you have to also understand that most people’s lives don’t revolve around the actions of the federal government. They revolve around the social connections they’ve made, the physical things they own or have built, and the places that they know and call home. Leaving means losing all of those things. And my perspective, as a blue tribe member in the US, is that most of my friends are watching this unfold with a worried grimace, but with an assumption that we’ll oust the dumbass from office in the next election and begin the work of rebuilding what he broke. In the meantime, they are worried about raising their kids, fixing up their houses, building their businesses or advancing in their careers, going on dates and finding partners, staying fit and healthy, and all the other things people really tend to spend their time thinking about.
A lot of us are stuck here. I’m an almost 40 year old “uneducated” factory worker so that means no country worth a shit would ever allow a worthless shitbag like me citizenship. I wish I could leave.
Ugh this breaks my heart. And I don’t see a lot of job opportunities for people reaching into their 40s or even 50s. What job is gonna hire an individual as such? The worst is when you are close to your retirement and they do a massive layoffs. And they always cut those who have dedicated their self to a non loyalty company. Because there’s never loyalty in any occupation/field when it comes to retirement or pension. They’ll just fire you, terminate and layoffs. Ha America is a 4th world country.
We had been mulling over the idea of leaving, but then my husband was diagnosed with Stage 4 cancer in Nov. He says he’s now tainted, but if it gets too bad our son and I can leave; it’s just a sad future no matter how I spin it at this point.
It boils down to what it always does. Some places are worse and those places have people that want something better, while there are also places that are way better but they mostly have immigration laws that are just as strict as our own while almost all of us have family ties in our country of origin.
If I had been capable of getting a PhD in my hard science of choice then went on to make bank after college, you better believe i’d be residing in one of my (pipe)dream countries around the EU.
It’s hard to move. It isn’t like the EU where you’re a few hours away from everything. I’ve wanted to move to the EU for years now but it’s really really hard for me to work toward it since there are so many things made harder when it takes 20+ hours for me to travel.
Depends on the distribution of income that you are aiming for. If you are young and working in an in demand job like tech or finance you can mint money in the US. Capital gains are really low and you don’t need a lot to be spent on insurance so you can go for the HSA. Things start changing once you are mid career and have kids. US is not a safe place for kids to grow up and the lifestyle is extremely stressful because you have no safety nets if you lose your job.
Fuck off! I thought of that first!
I thought of it third, so you don’t fuck off.
I got my family out 2 years ago, I’m mostly out.
Fuck my country has become such an epic shit hole.