this post was submitted on 16 Aug 2023
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A Boring Dystopia
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Tbf, the boomers came of age in the 70s, so the economic system was well in decline by then.
Part of the problem is a secular cycle. The baby boom of the postwar period helped fuel a big economic expansion that helped people for a while, but eventually the power of individuals fall because there's so many people.
Most boomers didn't want their jobs to move to China. China is starting to experience the same secular cycle ironically.
Many millennials were the same age during the gfc. Are you to blame for that? Are you to blame for the debt expansion and money printing that have promised to destroy the next generation? Zoomers came of age during covid, are you to blame for covid policies that destroyed the economy?
You should maybe check the definition of the word secular.
You end up looking really silly when you say something like that.
https://peterturchin.com/books/secular-cycles/