SPOILER: Article assumes that Boomers will die and leave their wealth to Millenials.

  • Rodeo@lemmy.ca
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    8 months ago

    This just means the very few people who are filthy rich will be even filthier in the next generation.

    This is not a statement about average wealth, it’s about the total punt of wealth held by millennials, and conveniently ignores that all of that wealth will be held by just a few individuals while the rest of generation languishes.

    But halfwits will read this and think “See, everything is fine! We’re going to be rich!”

    • SzethFriendOfNimi@lemmy.world
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      8 months ago

      So something like “Richest individuals to be in the Millennial generation with current trends”

      Which, if you think about it, makes sense. As billionaires/millionares age/die and pass down assets and wealth the trend will shift to the next generations, etc.