The lost generation in a nutshell

[Roober]

All this can be explained by the Fourth Turning as well as understanding how a fiat reserve currency works.

Essentially, boomers, and to an extent Gen X'ers were born AFTER the "greatest generation" saved the world. That's when King Dollar was born. So boomers grew up not really having to sacrifice much, having the world handed to them on a platter.

So their kids, were TWO GENERATIONS removed from any idea of "if you want success you gotta bust your ass to even get close."

At the same time, NAFTA, etc. was outsourcing all jobs and just showing up and getting A's wasn't enough.

So Millenials have the worst of everything. Parents who didn't have to struggle, AND the only decent jobs are available to those who are either genetically gifted with intelligence OR willing to bust arse just to get a decent paycheck.

ON TOP OF THAT

They came through an increasingly crappy educational system that gives medals for being average.

To say the deck is stacked against them is an understatement. Sh*tty parenting. Sh*tty educational system. Sh*tty economy. Sh*tty role models.

A big picture view? Quit that nonsense around here!

I thought this video had a really good description of what you described.

Simon sinek millenials in the workplace

 

[CMNILS87]

Student loan debt shouldnt be crippling...look into the IBR program. Fixed payment based on your income and after 20 or 25 years in it the loan is wiped out regardless of how much is left.

Once I graduate I’ll take a travel superintendent position. There’s money in construction but you gotta becwilling to travel a lot and forego the family, which is pretty red pill thinking to me I’d rather double down and live like a leper for 2 years and pay off the 50k to have no debt at all. All that interest I pay back over 20 years I’d rather roll into a Roth IRA or other stuff that’ll bring dividends

 

[marmel75]

Once I graduate I’ll take a travel superintendent position. There’s money in construction but you gotta becwilling to travel a lot and forego the family, which is pretty red pill thinking to me I’d rather double down and live like a leper for 2 years and pay off the 50k to have no debt at all. All that interest I pay back over 20 years I’d rather roll into a Roth IRA or other stuff that’ll bring dividends

Well that's just the thing, the payment is based on your income and family size...it helps that i have a family of 4 which keeps my payment lower...for a single guy I'm sure it would be a lot higher

 

[Spaz]

To say the deck is stacked against them is an understatement. Sh*tty parenting. Sh*tty educational system. Sh*tty economy. Sh*tty role models.

True to an extent, however I find that those who lived in rural areas are more adaptable and more willing.

 

[ImTheDoubleGreatest!]

LeBron James can attest to that.

Well ain’t that the truth...

True to an extent, however I find that those who lived in rural areas are more adaptable and more willing.

This is because of a lack of technology. And don’t even get me started on nomadic groups, those people are the toughest sons of bitches on the planet...

 

[Spaz]

Well ain’t that the truth...

This is because of a lack of technology. And don’t even get me started on nomadic groups, those people are the toughest sons of bitches on the planet...

Technology is present throughout the world.

Even within my own nomadic tribe.

So, I'm assuming its how one is raised/nurtured and the traditions that's still being followed. I however have no prove of this, and it's all from observations by hiring people.

 

[taiyuu_otoko]

those who lived in rural areas are more adaptable and more willing.

Those are the exception that prove the rule. But they still live in a crappy and dying economy, as do we all.

When the great depression hit, people were hardy, more willing to do whatever it takes, taking any possible job they could. Willing to work. Cinderella Man shows this beautifully.

Today's population (not just millenials) are largely incapable of delayed gratification, feel entitled to nearly everything, and won't even show up to work unless they're guaranteed fat benefits.

When (not if) another depression hits, it's going to be a fvcking bloodbath.

 

[Spaz]

When (not if) another depression hits, it's going to be a fvcking bloodbath.

I'm certain it will, wars can only forestall it but not stop it.

It's long overdue anyways but I hope not to see it during my lifetime.

 

[ImTheDoubleGreatest!]

Technology is present throughout the world.

Even within my own nomadic tribe.

So, I'm assuming its how one is raised/nurtured and the traditions that's still being followed. I however have no prove of this, and it's all from observations by hiring people.

No I’m talking like bedouins or Mongolians. Yeah, technology is there. But they’re a hell of a lot tougher than most people ever could be.

 

[marmel75]

All this can be explained by the Fourth Turning as well as understanding how a fiat reserve currency works.

Essentially, boomers, and to an extent Gen X'ers were born AFTER the "greatest generation" saved the world. That's when King Dollar was born. So boomers grew up not really having to sacrifice much, having the world handed to them on a platter.

So their kids, were TWO GENERATIONS removed from any idea of "if you want success you gotta bust your ass to even get close."

At the same time, NAFTA, etc. was outsourcing all jobs and just showing up and getting A's wasn't enough.

So Millenials have the worst of everything. Parents who didn't have to struggle, AND the only decent jobs are available to those who are either genetically gifted with intelligence OR willing to bust arse just to get a decent paycheck.

ON TOP OF THAT

They came through an increasingly crappy educational system that gives medals for being average.

To say the deck is stacked against them is an understatement. Sh*tty parenting. Sh*tty educational system. Sh*tty economy. Sh*tty role models.

And yet the ones who want to succeed still succeed. You can learn whatever you want through the internet these days. Literally. Education is never an excuse anymore, its all out there and its all free now.

Parenting...yeah maybe. Especially in the households where they get no guidance or direction and the parents just either dont care or let them nake their own rules. It seems like its a good idea but its a terrible idea...kids need direction and guidance and need to know they have a structure in place. Being a parent doesn't mean being your kids best friend.

Economy is just fine.

Role models...well I guess that depends you they loook up to...too many look up to the drug dealers on the corner and the rappers instead of the kids who cane from nothing, worked their asses off to get into Harvard and made something of themselves.

In the end all the excuses in the world don't matter. Excuses are simply the building blocks to monuments of nothingness.

Dont like your reality? Then change it.

 

[taiyuu_otoko]

Economy is just fine.

If you say so...

 

[marmel75]

If you say so...

If you have a skill that is in demand it is. If people are unwilling to adapt then they get left behind. Technology waits for no-one.

People who want to settle for flipping burgers or getting a dead end factory job or a job with no growth potential have done it to themselves. Its not the economies fault, its their own.

It would be like saying as a programmer a new language is coming out that is becoming the industry standard but I'm not going to bother learning it and stick with COBOL. Who's fault would it be when im out of a job?

 

[Macaframalama]

I think it really fvcked allot of the younger generations off by telling them that a college degree is the only route and skilled trade is menial and low-status. There's a ton of money in skilled trade, if you take pride in your work and plenty of it to go around. It can be hard work at times, but it's gratifying and you can't beat being your own boss, setting your own hours, etc. The hardest part is finding help that can/will actually work.

 

[Spaz]

If you have a skill that is in demand it is. If people are unwilling to adapt then they get left behind. Technology waits for no-one.

People who want to settle for flipping burgers or getting a dead end factory job or a job with no growth potential have done it to themselves. Its not the economies fault, its their own.

It would be like saying as a programmer a new language is coming out that is becoming the industry standard but I'm not going to bother learning it and stick with COBOL. Who's fault would it be when im out of a job?

There's more to it then that marmal.

China has been providing growth to the world economy for maybe the last 2-3 decades.

Since the launching of the one belt one road initiative, which will likely kick in the much needed growth for China say in 2025-2030, they then need to slow down their economic growth now or next year from overheating.

This makes sense - business wise.

When China slows down, every country will be affected. I personally think some correction is long overdue.

 

[marmel75]

There's more to it then that marmal.

China has been providing growth to the world economy for maybe the last 2-3 decades.

Since the launching of the one belt one road initiative, which will likely kick in the much needed growth for China say in 2025-2030, they then need to slow down their economic growth now or next year from overheating.

This makes sense - business wise.

When China slows down, every country will be affected. I personally think some correction is long overdue.

There is always more to it, but just like with women some people will have multiple companies trying to hire them and have their pick of jobs and some won't be able to find a job. My advice is to the be the kind of person that multiple companies want to hire.

 

[corrector]

I guess it's easy for people to look down on less fortunate people when they have got some breaks in life. You have to walk a mile in their shoes to understand where they are really at. If you all lost your jobs then you'd be in trouble too, bankrupt, or evicted as well, right? If having a good job is the only difference between you and this Rotondo (i.e. the guy that was evicted out), is that you had the financial means to afford a decent place and moved out, then technically you are one fire or lay-off away to ending up like him, couch surfing, or ending up on welfare rolls and being labelled a lazy bum. His parents involuntary brought him into the world, he didn't sign up for being born and being stuck in his freaking parents home, so he should be shamed for it either. They shouldn't have had children in the first place then sue their son to leave their house.

 

[Spaz]

One of the big problems with education is that it is based on an extinct principle; namely that you go to school, get a degree, get a job and you're good. Just carry on until you retire.

It doesn't really work like that anymore.

That is a formula that worked well for the Boomers, many of which finished up school and then held the same jobs for 30+ years. Technology changed that formula with Gen-Xer's like myself; it started to progress at a pace where one skill, one source of education doesn't really carry you all the way to retirement anymore. You have to constantly expand, learn, acquire new skills, even change careers along the way.

Now with millennials, it's almost as if you need to acquire a higher education every 4 years, or risk becoming obsolete and left behind.

Even in my career field, power generation, which is about as secure & necessary as you can get, I still have to constantly learn/advance/diversify my education & skills and move into new positions every 5 years or so just to keep up with the changing technology. I would have been laid off and out of work by now if I didn't, never mind going beyond that to keep moving up the ladder.

Millennials aren't being prepared for the marathon effort it now takes in order to take up opportunities and make headway in today's economy and job market. People are still being sold the dinosaur product of "get this degree/certificate/whatever and you'll be all set to make the big bucks!"

Nope. Sorry. The education never ends. There is no stopping point anymore. You never graduate and can just sit back. You have to constantly be hungry to learn more, improve more, even when you've finally reached that point where you thought it would finally end. You can't really stop anymore until you're rich, retire or drop dead.

No one is in the safe zone of employment, everyone has to adapt or be left out. The technological advancements demands it. Take Nokia as an example, they were market leaders for hand phones, seemingly unstoppable, but they didn't adapt to the transition towards smartphones.

Even in your power generation field, gone were the days when it's just all plug and play, constant 1500 RPM's regardless of fuel consumption. Last I dealt with gensets, it's blossomed into variable RPM's to optimise fuel consumption, even possible to remotely control up to 30 units of 500kva - 1000kva gensets using 1 control panel. There's even made in China Cummins (which a few years back breakdowns after 6 months of usage).

Thing is, everything is fast paced now, everyone regardless of their generation needs to step up or be left behind.

 

[RichardTheFrog]

No I’m talking like bedouins or Mongolians. Yeah, technology is there. But they’re a hell of a lot tougher than most people ever could be.

Genghis Khan was the best ladies man of all time. Over 1000 kids.

But also, Mongolians had the best technology of their day. Faster horses and longer range arrows. More effective even than the primitive gunpowder weapons the Chinese had.

 

[ImTheDoubleGreatest!]

Genghis Khan was the best ladies man of all time. Over 1000 kids.

But also, Mongolians had the best technology of their day. Faster horses and longer range arrows. More effective even than the primitive gunpowder weapons the Chinese had.

Well Ghenghis Khan was essentially a rapist, so I wouldn’t call him a ladies man lol. And one of the reasons why he was so successful was because you either shaped up or he killed you, as in you HAD to be good in order to survive lol. Nomads tend to be tougher people in general and at the time, that’s all that Mongolia was. They had their capital city as the only real city in their nation, and everyone else were just nomads. He got them all together and built the largest connected empire of all time.