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originally posted by: BeefNoMeat
a reply to: toysforadults
Could there be a link between the personal savings rate of the generation that gave us the Millenials?
Sure looks like it: Historical US Personal Savings' Rate
A steady, almost unmitigated, decline in the personal savings rate from 1990 - 2005...maybe their parents are to blame for not instilling a good sense of the value of money?
originally posted by: Liquesence
Original point remains: we're not short people.
originally posted by: hopenotfeariswhatweneed
originally posted by: BeefNoMeat
a reply to: toysforadults
Could there be a link between the personal savings rate of the generation that gave us the Millenials?
Sure looks like it: Historical US Personal Savings' Rate
A steady, almost unmitigated, decline in the personal savings rate from 1990 - 2005...maybe their parents are to blame for not instilling a good sense of the value of money?
No it is simply mathematics.
More people in the system, less available money in the system.
I am sure the statistics might be a little different when comparing races vs abortion rates as well. Some people do not need a dime to keep producing. Not taking any shots at any given group of people but it is a small slice of the pie.
originally posted by: hopenotfeariswhatweneed
originally posted by: BeefNoMeat
a reply to: toysforadults
Could there be a link between the personal savings rate of the generation that gave us the Millenials?
Sure looks like it: Historical US Personal Savings' Rate
A steady, almost unmitigated, decline in the personal savings rate from 1990 - 2005...maybe their parents are to blame for not instilling a good sense of the value of money?
No it is simply mathematics.
More people in the system, less available money in the system.
Millennials aren’t having enough babies to keep up with generation before them
originally posted by: toysforadults
a reply to: olaru12
many of us don't want to and won't
this isn't going to affect just us though either just watch what happens as your retirements evaporate