A hub for independent voices and hard truths
1971. The year Nixon took the dollar off gold. House: $25,200. Now: $410,000. Car: $3,560. Now: $48,000. Harvard: $2,600/yr. Now: $57,000/yr. Gas: $0.36/gal. Now: $2.88/gal. Average income went from $10,000 to $60,000. Everything got 8–22x more expensive. Wages only went …
Millennials are "pro-socialist" because they think our current system is capitalism, e.g. the Fed inflates away workers' wages to redistribute wealth to asset owners. pic.twitter.com/FNFeJmgXuf — Anthony Galli (@AnthonyGalli) December 3, 2025
BREAKING 🚨: U.S. Housing Market Homeowner Households declined for the first time in 9 years 👀📉 pic.twitter.com/8lUGHnHx93 — Barchart (@Barchart) August 14, 2025 Las Vegas has the 3rd highest home foreclosure rate among major US metro areas as of July …
Nearly half of millennials say the cost of living keeps them from buying a home. “Forty-five percent of people aged 23 to 38 say high living costs stop them from owning a house,” Bankrate said in a survey.https://www.bankrate.com/surveys/down-payment-survey-september-2019/ Only 38% …
The world has changed in unimaginable ways from the time the oldest baby boomers were born in the late 1940s to the 21st-century birth dates of Gen Z. From the end of the Cold War and 9/11 to the advent …
This is insane. 50% of Gen Z and Millennials are still on their parent’s payroll. The average person is getting $18,000 from mom and dad 🤯 pic.twitter.com/3NPvSrorpu — Anthony Pompliano 🌪 (@APompliano) March 31, 2025 62% of Americans could come …
Why do Boomers own everything? By their 30’s Boomers owned 20% of national wealth. For Gen X it was 8.5%. For Millennials it’s not even 3%. The Federal government — and the Federal Reserve — broke the young. pic.twitter.com/hQuhhQyVy8 — …
Home prices and mortgage rates are high but haven’t hampered demand for what Toll Brothers calls its “luxury niche.” That niche is made up of empty nesters, rich millennials, and wealthy buyers who are inoculated from housing market swings. “Demand for our homes …
Study: If You Want More Babies, Make Mortgages Affordable For Young People A new NBER working paper (Did the Modern Mortgage Set the Stage for the U.S. Baby Boom? by Lisa J. Dettling & Melissa Schettini Kearney) reveals an unexpected …
The "sandwich generation" is getting squeezed hard. With long-term care costs skyrocketing—nursing homes averaging over $100k annually—millennials and Gen Xers are stuck footing the bill. Government programs like Medicare don't cover most long-term care expenses, and Medicaid's… — Riz.eth (@rizethereum) …
Loaning enough money to you to buy a house is far riskier than renting an apartment to you. If you don’t pay your rent, I just have to evict you. If you don’t pay your mortgage, I have to repossess …
Bernie Sanders Calls out the DNC to Its Face, Admits Economy Is Terrible Senator Bernie Sanders delivered a pointed speech at the Democratic National Convention, where he condemned the influence of wealthy donors in American politics. Sanders, a long-time critic …
Why aren’t millennials having kids? byu/Fun_Balance_1809 ineconomicCollapse Top comment: Unpopular opinion: We NEVER REALLY recovered from the 2008 recession, everything kind of just got really shitty after that IMO. The 2020 pandemic made it even worse.
Why Millennials & Gen Z are struggling in today’s economy? byu/Fun_Balance_1809 ineconomicCollapse
When comparing generational wealth, millennials own a much smaller share of wealth than baby boomers did at the same age. Reports show that millennials own less than 5% of the nation’s wealth, whereas baby boomers owned about 21% at the same …
1 out of 7 Gen Z consumers saw their credit maxed out in Q1 2024, according to the New York Fed. This is the highest percentage since the 2020 pandemic lockdown. Meanwhile, 12% of Millennials have utilized over 90% of …
Splurging once meant spending money on buzzy restaurants, expensive vacations, and designer clothing. These days, what’s considered splurge-worthy falls into a more humble category. Groceries are shaping up to be a top spending priority for younger generations, a February report …
In a heartbreaking reflection of the current state of housing affairs, a staggering 36% of Gen Zers and millennials gearing up to purchase their first homes cling to hope in the form of cash gifts from family. This reliance on …
Signet Jewelers Ltd., the parent company of Kay Jewelers and Zales, had previously signaled to investors that there would be an upswing in US engagements this year as dating patterns returned to normal. But that forecast was downgraded on Wednesday …
Millennials Are Losing Their Cars. Billing disputes surged year-on-year among Gen X and Millennials, LegalShield said, who have experienced a 96 percent increase in billing inquiries. Calls are up across the board as well, with a 53 percent increase among …
Chery Industrial Expandable Prefab House 19ft x 20ft,Exquisitely Designed Modern Villa Prefab House for Live,Work: With homeownership being far out of reach for most millennials and Gen Zs due to inflated asking prices, astronomical interest rates and crushing student loan …
Despite being the highest-earning generation, millennials grapple with a stark reality – their wealth lags significantly behind. The rising cost of living, outpacing wage growth, is a key culprit, creating financial strains on this demographic. Notably, prices have surged, with …
Ok, this is the 'scary chart of the week' floating around, interest payments. Q2 2023 interest of $969.9B on $31.5T of debt. Yellen's outfit just announced another $1 trillion of new debt by end of Q3. Maybe the problem is …
Ed Dowd's segment on the Highwire:https://t.co/F4bQwGhqN5 — The Vigilant Fox 🦊 (@VigilantFox) July 28, 2023
Millennials are beating baby boomers and Gen X-ers when it comes to investing in gold, according to State Street. Demand for the precious metal, widely regarded as a safe haven asset, remains strong as recession risks loom. Gold has rallied …