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There's a reason that young millennials are indebted, un(der)employed, and poor.
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Jack198 Offline
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Post: #126
RE: There's a reason that young millennials are indebted, un(der)employed, and poor.
(11-06-2014 12:16 AM)Vitriol Wrote:  A few points to keep in mind:

1. Job security is a thing of the past. I think the average private sector job lasts something like 3 years now. Good like paying off a mortgage, car loan, feeding your bastard spawn, and keeping your wifey around when there's a good chance your job won't exist in a couple of years. You have to get ready to watch it all be taken away every so often if you try to go that route.

Not sure there ever was job security other than by default. Think about it - after WW2 the US was the only major industrial country left standing - India was still a colonial backwater and China was nothing but peasants. Fast forward and the combination of technology, other countries catching up economically and Boomers taking everything for granted should have been ample warning that it was only a matter of time before economics eclipsed the concept of job security. Of course, nobody was teaching that in school - be American, buy American; USA is number one no matter what, etc.

Sure, we threw up trade barriers, formed unions, passed laws, and did all sorts of other protectionist crap but in the end all that did was buy some time. None of those measures were permanent nor could they be expected to make things more economically attractive for growth.

So, like the fat girl getting pissed off at the skinny ones getting all the attention, instead of improving itself, America jumped up and down and moaned about no job security and evil corporations. The uncomfortable truth is America took things for granted and lost its "game." Could there be parallels with the prevalent blue pill mentality and the decline of America? I suspect so.
11-06-2014 11:05 AM
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britchard Offline
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Post: #127
RE: There's a reason that young millennials are indebted, un(der)employed, and poor.
I've got something to ask you guys. For someone in the UK (£9,000/ $14,000 a year at any half-decent uni), is doing a degree fully taught in English in a foreign country worth it? I know that the Netherlands (around €1000 a year) and France (around €300 a year) have courses fully in English, and the amount of courses like this is only going to increase. Not just for the money, I dig French chicks and Holland is, well, Holland. I speak very decent French, and reck on I could get conversational level Dutch in 3-4 months.
11-06-2014 11:18 AM
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Jack198 Offline
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Post: #128
RE: There's a reason that young millennials are indebted, un(der)employed, and poor.
(11-06-2014 09:20 AM)Mike5055 Wrote:  Just remember whose idea it was to give millennials awards for effort and participation.

Hint - not millennials.

Frankenstein, meet your monster.

Seriously. Graduation ceremonies for kindergarden class?

"It makes them feel special."
"True, but that's what we do for retarded kids."
11-06-2014 11:19 AM
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Kitsune Offline
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Post: #129
RE: There's a reason that young millennials are indebted, un(der)employed, and poor.
(11-06-2014 09:57 AM)bojangles Wrote:  That is true, you can get up to £25k in debt here I think, however the loans being capped to inflation is ridiculous. Inflation has been rising higher than wages since 2008 in the country, although after 40 years your student loan gets annulled lol. I'm waiting for that LTongue

So is everyone else. The student loans system in the UK is retarded on the part of the government. At least in the US they ask for the debt back.

In the UK, if you don't earn enough, you don't pay any back. It gets wiped off. How anyone in charge thought this was a good way to structure the system I've no idea.

That said, it isn't like the Universities are using it for anything constructive. I noticed after the tuition fee hikes suddenly Universities everywhere were buying up property in pricey areas. nothing suspicious there Dodgy
11-06-2014 11:47 AM
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