Tuesday, January 24, 2012

Baby boomers may be the last generation of Americans to succeed

To say that the young, and those graduating from college will have a difficult time in the job markets and future financial system is an understatement.  Especially as new data out shows that the median net worth for those under the age of 35 has dropped more than 300% in the past 25 years.

The majority of this disparity is tied to the continuing devaluaton of the dollar, the massive increases in personal debt, and finally coupled with the rise in student loan debt.

The future's so dim, and very few can afford shades.


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