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Europeans over 65 will outnumber those under 15 next year
(www.irishexaminer.com)
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this post was submitted on 12 Oct 2023
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Yeah... That's not where the money went. Some of it, sure. But some very few people have hoarded a lot more than it seems people realise.
Why not both?
Fair enough.
If you look at the weath distribution numbers it's quite a big "some" (not per person compared with those few people that hoarded lots of weath, but because it's still quite a difference between generations and there are A LOT of old people, so it adds up), mainly because it's old people who outright own the houses were they live which are worth a lot of money per current day house prices.
Because it was those very same (now old) people who voted for the very house inflation that's shafting the young and made them relativelly much wealthier than the young generations, they deserve a lot (so, a very large "some") of the blame.
Nothing that any other generation would have done different. This is not about age, it's about the system. Younger people will complain about you too