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- Jan 4, 2020
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It is far more common in other countries for sure, and with our heyday long gone and a possible "winter" up ahead for our nation what used to be normal levels of success will become extraordinary, the ones who really made it, just like in other countries where you have to be wealthy to afford an SUV because cars are taxed to hell and fuel its very expensive. And even wealthier to own a house, with most families living in apartments. Its gonna be the same here.That really does sound horrifying. I do think though if this will continue to be seen as less taboo or something (not a good thing though) with the way things are in society with people marrying later in life, more people having "failure to launch," an economy that isn't great and all of these other issues.
Most trustfund kids are massive losers, and it would show if it wasn't for the trustfund and upcoming inheritance. If they have a degree its a joke one that their parents paid for so they can say junior went to college. They usually don't have an actual job, more of a "sometimes I walk into some office and look at shit" thing and more often than not at their parents firm or a friend of their parents who is doing them a favor. These kinds of people also don't get to be doomers because they are in a position where they can fail upwards. Hell, with old money you got people like this whose parents are also like this and the last person in that family that actually worked at all was great-grandpa.I suppose that someone in that situation wouldn't be in too bad of shape if they've got a decent inheritance heading their way if they're competent otherwise (at least not an idiot, can cook for themselves, not go crazy with spending, etc.) Not much of a life, however.