Older people are using the young to advance themselves. That's what pension or social security or whatever anyone's country has is; using the young to pay for the old. They paid in so they are taking it, but it's a pyramid scheme. He's not wrong about inflation either. It's dramatically higher due to covid shortages and regulations, at the same time more expensive products are required for everyday life. You could live off the grid and not have a cellphone, but with vaccine passports, you can't. Entertainment expenses could be reduced, but most people start up massively indebted because a degree is required in many places which puts someone in debt for decades. I'm not a student debt forgiveness advocate, but it would be a lot easier for everyone if a degree wasn't required for entry level office business jobs. More people could go into the trades, but the trades are looked down upon and parents push their children towards office jobs rather than repairing roads. The housing comments were accurate as well. People are investing in real estate for rentals and flipping, taking up multiple properties that could have people owning and living in them. The demand for housing to flip and for rentals is skyrocketing the housing market, making it difficult for lower income people to purchase housing. Older people selling their houses prefer to sell to an investor who can cut them a check in full over a family who have to pay with a mortgage. You cant walk up and get a good paying job regardless of education level or training as older people were able to; getting off the boat from war and people bending over to hire you and the government paying for education. People can succeed, but it's a different, more complicated world
