Why Americans Have No Economic Future

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The US economy is the largest and most dynamic economy in the world. Housing prices and the S&P 500 posted record numbers, and the collective net worth of Americans has soared past $150 trillion. But while the nation thrives, young people are being left behind in the dust.

In this documentary, we explore the key causes for the declining living standards and economic outlook for young Americans. We discuss NIMBYISM, low housing development, private equity investment into single family homes, the cost of education, the debt bubble and much more.

00:00 - Intro
00:54 - Chapter 1: Housing and Rental Crisis
07:03 - Chapter 2: Wealth and Education
10:50 - Chapter 3: College and Consumer Debt
11:33 - Chapter 4: US Debt and Spending Crisis
14:14 - Chapter 5: Why Politicians Don’t Care
16:04 - Conclusion

[designforABC]

If you dont have 6 figures by 6 yrs old, youre doomed.

[LittleRayofSunshine]

It’s not just America it’s most of the world.

[ChristinaOstil]

The old generation should blame themselves, not their children's generation. The old generation stole the future.

[Wkumar]

The fact of the matter is that the economic boom that played out after World War 2 has finally played itself out. For those of us born during the early '80s, a decade when the American Dream was at its height, we have had to sit back and watch as our economic futures were slowly eroded away by changes in technology, finance, politics, and demographics. It's little wonder why so many Millenials and Gen Z either stay single and/or remain childless.

[ryanortiz]

Young people let’s start doing something. Let’s start creating the chaos that they hate. We need to start voting for the right people for us. It’s us against them.

[XzavierBonds]

At this point I feel like the only reason why I’m doing slightly ok is because I don’t have students loans

[Allaiya.]

They need a law that would require a balanced budget & that would limit private equity into the SFR market. Also we need younger politicians to represent their respective generations.

[majupeetube]

As foreigner. I concerned about the US getting poorer. Once become poor + free gun law. How normal people gonna live well them?

[MHAMMAD]

When you get paid after you work in weeks, but have to pay rent before you move in somewhere. By default law-abiding citizens will suffer.

[trevorphilips]

Boomers: *buys houses like candy, drives up the cost of rent, votes against building new housing developments, thus making the market almost unaffordable for their children*

Also boomers: “Hey, we want grand kids! How come you don’t want children? You should work hard like we did!”

[onlyamirge]

Creating a generation of men with nothing to lose, not a dime to their name, no ability to have a wife or kids is a dangerous game to be playing.

[CameronFussner]

The average American is the foundation of this nation's economy, therefore if their money vanishes, unemployment will rise and the message "You have an unexpected month" will emerge. If you have a lot of student loans that are coming due, that money will run out very soon.

[TheUndulyNoted]

The system needs radical reform, and if it isn’t sorted out it will lead to civil unrest at a large scale. People won’t tolerate corruption and poverty forever.

[titolovely]

we're witnessing in real time why throughout history every society has a major civil war every few hundred years. at a certain point, the problem becomes too big to be fixed without conflict.

[Kevin-cmkc]

'Average work week is 35 vs 34 hours'.
Except their generation had stay at home wives and we need two income households. So its actually 35 vs 68👍

[SayMelo]

Genuine question as a 23 year old how do I fix this without sacrificing my life like the people did during the French Revolution ?

[datownkidd]

I think the big problem with housing is more and more people are seeing houses as an investment so everyone is simply buying to rent or flip. They dont buy to live in just to make money off of.

[Pdjwvdugowqnxbgze]

In which western country DO young people have a future? I see none. I'm german and we have the same problems as well as every other wealthy european country.

[artbyddp]

I think the work hours are lies. There are people out here working 2 jobs, 1 full-time, 1 part-time, or 2 full-time in order to survive. Working 2 full-time jobs would have someone retire in their 30's or have a business, but at this point, people are killing themselves for nothing.

[たまま-pe]

I'm gen Z in japan 👍
I think developed countries are in a similar situation.
A negative cycle is inevitable : pessimism about the future leads to decline in the birth rate, which in turn increases the burden on the young, which in turn decline in the birth rate.
In addition, Japan has the problem of lookism, geopolitical tensions
Lets all run away together into space😂