Baby boomers versus Generation Y..

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My Boomer Tips

many baby boomers call younger generations lazy and it was no different in their time..I beg to differ..

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5 Responses to “Baby boomers versus Generation Y..”

  1. Pikers81
    May 30, 2010 at 10:57 pm

    Great post, I’ve noticed this a lot also. News . com . au post at least 1 article about gen Y bashing a month. Normally written by some baby boomer. Lol.

  2. ancientsong
    May 30, 2010 at 11:21 pm

    @Pikers81, thanx mate, yeah I read those articles too.
    its easy to say to “work hard and save like we did” but they are not comparing apples with apples..

  3. halfasheep
    May 30, 2010 at 11:52 pm

    Fair rant. What about inflation. Was there incentive to save back then compared with now. Inflation eats savings up. I think inflation is going to ‘continue’ to be used to support housing. Saving is dead. Inflation surely outstrips bank interest. Immigration will be ramped up big time when boomers want to sell. It’s that simple. The Australian Govt has two main priorities: mineral export & real estate support mechanisms. The rest is chicken feed.

  4. ancientsong
    May 31, 2010 at 12:03 am

    @halfasheep yeah I made a video about inflation called ” infaltion the stealth tax” basically showing how our money supply (M3) has been growing at 11% p.a for the past decade along with the price of houses, oil, silver etc.. while the goverment reports inflation at only 3% per year. for that reason alone I’ve been putting my money into hard assets for some time now

  5. trotnixonissick
    May 31, 2010 at 12:18 am

    You’re totally right, western standards of living have been declining for years, precisely because western productivity has been deteriorating. We work just as hard, its just that “the economy” isn’t as good at using it.


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