Yes the economy is very solid with roughly 1/4 of the population having a significantly negative net worth, another quarter of the population at roughly 0 net worth, and then something like I dunno 500,000 people having net worths over half a billion.
Very very solid foundations for late stage capitalism to transition into techno-feudalism.
Remember when the average 30ish year old American /owned/ where they lived?
Anyway, lets keep building low income housing… but mostly age restricted only for retiring, sundowning Boomers.
Their children can just die on the streets I guess, who cares!
At least the boomers will have the comfort of dying alone and hated (by their children and caretakers) in old folks homes rife with elderly abuse.
Millenials /might/ be lucky enough to survive the one two combo of climate change and peak oil leading to fertilizer and thus food shortages with an an averaged life expectancy of 65, allowing them to live out their roughly 5 Golden Years approximately a decade after Social Security will have gone bankrupt.
Or, even better, possibly Social Security will just be eliminated even earlier by insane Republicans that are voted in by their loyal followers who apparently dont realize or care that they themselves will die without it!
Is going long on ‘panicked worldwide mass migration’ a valid stock market strategy rofl?