They'll vote for politicians who promise to "forgive" their debt. Problem solved.

Someone has to pay the Universities for the worthless Gender studies degrees...

@frankme9862

23 күн бұрын

Not to long ago when everyone was begging them for the needle because of a cough. 😅

@breakupgoogle

23 күн бұрын

Their parents that voted for it and are in office rn.

@CoolCraftCool

23 күн бұрын

You only have to feed the Uni the losses once those courses will be gone instantly. If the university chancellors have to take a pay cut or the loud activists have to get booted out I think you will see which foot the jack boot is on.

@marksowick5278

23 күн бұрын

Pithy and articulate comment, Nice Job👍

Finally, someone who speaks clearly - and truthfully - subscribed👍🏾

@cl-7832

23 күн бұрын

And keeps the report succinct.

My grandparents could not afford a house They converted a chicken house into a home and added to it over the years My husband and I made money and could have afforded payments but we didn’t want any So we bought a rehab and lived in it while we renovated it Our farm house is super cute as it continues to evolve. But no payments Everyone tries to impress the Jones and the Jones don’t care Happily debt free in our DIY

"You will own nothing and you will be happy." Klaus wasn't so much talking about us as our children.

Imagine having an entire country of workers who don’t demand living wages and who you can sell debt to, instead 🤦‍♂️ 🤦 🤦‍♀️

@marksparrow4038

23 күн бұрын

Imagine an entire generation thinking its a good idea to import millions willing to work for half of what they will... and then complain about a "living wage". zero brain cells

Why would Gen Z care about their credit rating? They can't afford houses or cars. You may as well max out that card, bail on the debt, rinse and repeat. Gotta look at the incentives and rewards. It actually makes perfect sense.

We should all send thank you cards to our representatives in local, state, and Washington. To thank them for what they've not only done to our economy but also allowing the degradation of our tax paid public school system. Tell me this is not by design. After all, ignorant people are easier to control and manipulate than truly educated people and I don't me college indoctrinated types.

@bobbya51

23 күн бұрын

In other words , "progressive " indoctrination mills .

@PithyBikes

22 күн бұрын

Try to learn more about economics, it’s not controlled by politicians/reps. It’s controlled by banks. Politicians are useful idiots that we blame all our problems on.

I wonder if this was by design to usher in CBDCs.🤔

@sandblast5636

23 күн бұрын

get a education

Are education systems not teaching about the downsides of debt?

@mrguiltyfool

23 күн бұрын

I remember in my econ uni class, we were taught that inflation will eventually wipe out the debt so never pay down debt

@marksparrow4038

23 күн бұрын

Thats not the purpose of general education. The purpose is to groom you FOR debt.

So my grandparents were kids during the Great Depression. It was hard but they made it. Hoping for the best.

I’ll brag: my adult children aren’t in that boat. Guess it’s my frugal Scottish roots… Since they were kids I gave them a steady dose of ‘be financially responsible’.

If we are doomed, then how am I still zooming? 🏎️

Offer solutions instead of calling out from the peanut gallery.

Gen z :- oops, hold my debt bag Banks :- do we have a choice ? Nahhh....... Well done gen Z.... The millennials didn't have the balls for bankruptcy :)

You look bizzarely similar to Scott Galloway. I though you were him at first. I got recommened this video after watching his Ted Talk.

Generation Z-ERO! 😂😂😂

Avocado toast… the meme of the out of touch.

The new name for inflation rate is,,, , " Unrealized losses".

Gen Zero

@GarrisonSux

22 күн бұрын

Gen Xanax

@fd-to7ex

21 күн бұрын

Haha Zero!

I have Gen Alpha kids and I’m becoming increasingly convinced that for them to have a decent quality of life my husband and I will need to not only pay for their college education but also provide them a place to live and effectively transfer any mortgage left off to them. Because asset prices will be outright unaffordable.

@ssm59

23 күн бұрын

In the early 80’s realestate prices collapsed. Semi rural land dropped 90% in some cases. That. Can happen again and probably will this time with a declining population. It might even be worse.

@NuNugirl

23 күн бұрын

Raise them to be tough so they can fend for themselves. What are you going to do if your Husband dies, don’t think it won’t happen to you. I have three sons who are making it on their own, because they have too. They aren’t expecting to get a penny from their Mom.

@alexdetrojan4534

23 күн бұрын

Multigenerational homes and living arrangements will become the norm again, like it was during all of our history, up to the '50's.

@ssm59

23 күн бұрын

No doubt, in the early 30s my great grandmother housed my mother‘s family, her uncles family, my grandmother‘s mother as well as a couple of teachers from Kentucky who could not find work there and move to Ohio, but couldn’t find a place to live as well as “Fred” who lived in the basementafter decades of hearing this story, I asked my mother who was Fred? She got a blank look on her face and said I don’t know so the multi generational house becomes far more than just multigenerational.

@backliteyes

23 күн бұрын

@@NuNugirl I don’t think you can out-tough hyperinflation. Good luck to your sons.

Please make a video about India's economy. There is a lot of hype about it from all directions, but not sure how much weight it carries. Would love to get your view.

I have zero debt all cars and houses paid off…….

At least genz have the ability to work. Once we get a free economy, they can work. Its those retired people who will see the stock market, bond market, US dollar, and government benefits collapse that will be in real trouble.

credit card interest rates only matter if you don't pay in full each month or you don't have a plan to pay your statement balance overtime. So many people have been told to "pay the minimum" or "it's like free money." i blame education, but we do have the internet to figure some things out for ourselves

Gen Z mean zero

What is ALMOST NEVER mentioned is the debt skew goes hard female.

The pandemic didn't do anything. The policies adopted and championed by Gen Z helped create their current situation. Fear is expensive.

Self-inflicted. ZERO sympathy.

@fd-to7ex

21 күн бұрын

GEN Z-ERO!

Errm, what the sigma ☝️🤓

Gen X raised them. Well done!

@marksparrow4038

23 күн бұрын

lol finally we shifted from boomers to gen X. Keep complaining - that will surely work to save you.

@MillennialDiligence-sx8re

23 күн бұрын

@@marksparrow4038 not complaining, just stating a fact. Gen X raised them. Live with it. Soak it in.

@GarrisonSux

22 күн бұрын

​@@marksparrow4038yeah for real, no one saved me pal. I'm older Gen Z. I make bank and did it on my own. Go kick rocks. Its sad that older generations feel the need to complain about everything.

This guy uses his PhD to edit and delete comments. Good on you bro.

@bobbya51

23 күн бұрын

Be a little more specific .

@giganoob1968

23 күн бұрын

@@bobbya51 thought i had a really good "tongue and cheek comment" but I referred to a Nazi death camp. Maybe KZread did it, but he is using phrases I have used weeks ago. I am just a little paranoid but bet my last comment phrases show up on this channel.

Lol.

Week men make hard times. Hard times make strong men. Strong men make good times. Good times make weak men.

👍

That's the way it is dog eat dog when times are tough people help one another when times are good people want help from government and are in a constant battle with one another (no tree has limbs so foolish as to fight with themselves) Chinese proverb .

Gen Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

They voted for it. Sorry not sorry.

@breakupgoogle

23 күн бұрын

They weren't alive long enough to vote for it. Boomers destroyed the country

@ssm59

23 күн бұрын

Yes, they did but the problem began a long time ago when the boomers started caring more about their feelings than they did about the safety and security of their own nation

@breakupgoogle

23 күн бұрын

Boomers destroyed the country

@KapteeniKaaos

23 күн бұрын

The average zoomer is barely voting age now, they can hardly be blamed for what their parents and grandparents voted for.

@sandblast5636

23 күн бұрын

@@KapteeniKaaos BS

Dude you realize every video you post is negative...

@JohnnyULives-lz1ml

23 күн бұрын

Well he is an economist after all.

@patbournes5281

23 күн бұрын

When the ship is sinking do you want those in the know to pretend nothing wrong is happening? Truth sometimes hurts.

@derikuk2967

22 күн бұрын

Have you watched the mainstream "news" lately? Peter has, at least, some humor attached to his negativity.

second!

first!