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Old Posted Jun 20, 2019, 9:02 PM
SamInTheLoop SamInTheLoop is offline
you know where I'll be
Join Date: Sep 2006
Posts: 5,174
Originally Posted by LouisVanDerWright View Post
The other thing people don't appreciate is that the United States is about to start the largest transfer of wealth in history: Boomers leaving their estates to Millenials. In another 10-20 years when Boomers start passing on in large numbers, Millenials stand to inherit more wealth than any generation in history. The question is whether that will make up for the damage of student loans and the recession or whether it will just further enhance widening wealth disparity.

I will go way out on a limb and state that inherited wealth will continue to further increase wealth inequality. I know, quite the gamble.
It's simple, really - try not to design or build trash.
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