Comments by "LRRPFco52" (@LRRPFco52) on "Fed Reserve" video.

  1. Baby Boomers had Gen X and Millennials. Gen X had Millenials and Gen Z. So I see a current growing consumer base of these 3 prime working years generations. Gen X are in management and early mid-life stages, many earning over the median household income. Older 1st phase millenials born in the early-mid 1980s are coming into their own with home ownership, at least 10 years of solid credit history, stable work history. Younger millennials and Zs are facing out-of-reach home ownership prices outside of apartments and town homes, and just watched median home sale prices fly away from them just as they thought about reaching for a single family residence, which is sad to watch. Boomer and Gen X are watching their children have a bleak outlook on the future, which they feel together with them. There is a strong consumer base for automobiles, home appliances, personal electronics, computers, TVs, insurance, education, and groceries. All of those industries own the legacy alphabet media, who most of the 3 living generations don't trust and have ditched viewership of if you look at Nielsen ratings trends. I think that's a pivotal pillar going forward: the decoupling from legacy media and information sources combined with decoupling from deglobalization. We just don't trust the corporate news spigots that have lied to us for so long. This presents great opportunities and challenges.
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