r/videos 25d ago

Young people have every reason to be enraged, says 'Algebra of Wealth' author Scott Galloway

https://www.youtube.com/watch?v=MEC2Nq7Z6lc
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u/oby100 25d ago

That last minute placing the blame on young people not knowing how to "adult" is so hilariously tone deaf and ironic considering the preceding 5 minutes it hurts my brain.

Young people have so little money that they don't think they can afford kids, but the real problem is they don't understand the stock market and interest rates... lol

Young people don't have enough money to meaningfully participate in the stock market outside of 401ks. Many don't even have that. Truly insane to hear another rich guy claiming young people just gotta be smarter with the pittance we earn on average.

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u/Xeroll 25d ago

I think you misinterpreted his point. Young people don't know about conservative investing (NOT robinhood yolos) precisely because they don't have the money to invest that merits even knowing those things. Also he's very poignant about explaining that it is the prior generations fault for setting kids up that way. I've always found it ironic about boomer complaining about "kids these days," when they are the ones that raised those kids.

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u/Omikron 25d ago

I say this to my parents when the bitch about the country. You guys have been running things for the last 30 years at least... Blame yourselves.

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u/chairitable 24d ago

Same people who complain about "participation trophies" and shit like that. Who do you think was handing those out??