Young Generations Are Now Poorer Than Their Parents And It's Changing Our Economies
Economics Explained
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Is It Better to Be Born Into a Large Cohort or a Small Cohort?
This is despite the that the world is a much richer place to day than it was at any point in the twentieth century when baby boomers were busy building their now unassailable fortunes. So what is going on here? Is there some underlying cause? And if there isn't, does that mean that we can only expect every generation going forward to be poorer than the one that came before it from now on? Oh, and i suppose it's probably also worth asking, does this even matter? Since everyone is eventually going to die and pass down their wealth. Anyway, here's a question for you all. Is it better to be born into a large cohort with lots of people the same
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