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streetman@lemmy.world to memes@lemmy.worldEnglish · 1 年前

Millennials surviving their 4th 'once in a lifetime' crash

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Millennials surviving their 4th 'once in a lifetime' crash

lemmy.world

streetman@lemmy.world to memes@lemmy.worldEnglish · 1 年前
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  • ceenote@lemmy.world
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    1 年前

    Kinda sucks having a generation of spoiled narcissists in charge tbh.

    • bitjunkie@lemmy.world
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      1 年前

      You forgot “lead-addled”

      • nondescripthandle@lemmy.dbzer0.com
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        1 年前

        Some of them could use more lead imo.

        • uis@lemm.ee
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          1 年前

          Lead-deposed

    • DragonTypeWyvern@midwest.social
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      Three generations of spoiled narcissists coasting on what the Greatest and Lost built.

  • radiohead37@lemmynsfw.com
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    1 年前

    Can we take a break from daily historic events a little bit?

    • UnderpantsWeevil@lemmy.world
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      1 年前

      • Asafum@feddit.nl
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        So now we’re on to “decades where centuries happen.” :/

        • UnderpantsWeevil@lemmy.world
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          This isn’t the first time in the last century we’ve had a big economic crash and a wave of anti-immigrant sentiment cresting into a paramilitary response. Hoover’s Great Depression and the OG Immigration Quotas system, Eisenhower and Operation Wetback along with the Recessions of '53 and '58, Nixon’s Stagflation and border closure with Mexico, Reagan’s S&L crash and closing the border with Mexico, Bush Jr’s Great Recession and border crisis…

          Pretty much every Republican Presidency delivers two things.

    • WanderingThoughts@europe.pub
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      1 年前

      Sorry, you are cursed to live in interesting times.

      • AstralPath@lemmy.ca
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        1 年前

        If only these times were actually interesting and not just a pile of stupid bullshit.

        • ameancow@lemmy.world
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          deleted by creator

    • neukenindekeuken@sh.itjust.works
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      1 年前

      Best I can do is a once in a centuries empire collapse.

  • gravitas_deficiency@sh.itjust.works
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    1 年前

  • Lemmy Sparkling Lemonade@lemmy.sdf.org
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    1 年前

    Remember the 80s recession? GenX remembers.

    • Vipsu@lemmy.world
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      1 年前

      Millenials born in late 80s or early 90s may not remember but it could still have affected their childhood.

      • Lemmy Sparkling Lemonade@lemmy.sdf.org
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        Also, it could not have. “Could” anything is pretty vague. Every childhood had a preceding history.

        • Javi@feddit.uk
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          1 年前

          ‘Could’ specifies a possibility of an event occurring, as opposed to no possibility.

          For example, I could have rice for dinner, however there is no way I could jump to the moon.

          When applied to the context of this conversation:

          A person born in the 90s could have had their childhood affected by the recession in the 80s. A person born in the 50s could not have had their childhood affected by the recession in the 80s.

          Could is only vague in the scope of probability; this is because it’s a confirmation of the possibility, rather than a defined probability.

    • ameancow@lemmy.world
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      deleted by creator

      • Lemmy Sparkling Lemonade@lemmy.sdf.org
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        1 年前

        Sounds so banal.

    • AtariDump@lemmy.world
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      1 年前

      Who?

      • Lemmy Sparkling Lemonade@lemmy.sdf.org
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        1 年前

        Which Who?

        • AtariDump@lemmy.world
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          1 年前

          The

          • Lemmy Sparkling Lemonade@lemmy.sdf.org
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            1 年前

            Ah

          • ameancow@lemmy.world
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            deleted by creator

            • AtariDump@lemmy.world
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              1 年前

              Tomato

      • usernamefactory@lemmy.ca
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        1 年前

        What?

        • AtariDump@lemmy.world
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          1 年前

          When?

          • ameancow@lemmy.world
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            • AtariDump@lemmy.world
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              1 年前

              Soon.

    • tischbier@feddit.org
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      You’re right — the early 80’s ugh. 15% inflation with a gas crisis. 10-15 year panics were the norm in the 1800’s too

      • Lemmy Sparkling Lemonade@lemmy.sdf.org
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        1 年前

        Mortgage rates skyrocketed, people lost their homes.

    • bluegreenwookie@bookwormstory.social
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      1 年前

      That was a bit before my time but i remember some people saying the 2002 crash was in part an extension of the 80s recession as the 90s boom was partially due to the tech boom.

    • MNByChoice@midwest.social
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      Those sucked.

      • Lemmy Sparkling Lemonade@lemmy.sdf.org
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        1 年前

        Devestated my childhood

    • |IlI|lIIl|IlIll|Il|IllI|@lemmy.world
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      deleted by creator

  • SapphironZA@sh.itjust.works
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    1 年前

    4th “once in a lifetime” crash, SO FAR…

  • Mr. Satan@lemm.ee
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    1 年前

    more like

    • LittleBorat3@lemmy.world
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      Like two three years ago when they told us there might be a nuclear escalation.

      Millennials: eh shrug maybe not

  • zxqwas@lemmy.world
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    You should expect about one recession every 5-10 years.

    They are all “once in a lifetime” in their own way if you want to sell news headlines.

    • WalrusDragonOnABike [they/them]@reddthat.com
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      The covid one is really the only one that really stands out as being a unique naturally caused crash, but what makes it most unique isn’t the market stuff at all.

      This one has been just waiting to happen for a while, but this one being intentionally caused is fairly unique, I guess.

      The size of the dotcom + great recession combined is fairly unique, making immediately before the dotcom bust one of the worst times you could have retired in the US since at least the great depression. But that doesn’t affect millennials directly and it’s the affect of two back to make crashes.

      • Higgs boson@dubvee.org
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        Yeah, the Trump Recession (we hope not a full-blown depression) will have been uniquely caused as well. Definitely one for the history books.

        • bitjunkie@lemmy.world
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          You think the future will have books?

          • MNByChoice@midwest.social
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            Far future will. Life on Earth tends to find a way.

            • bitjunkie@lemmy.world
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              homer_so_far.png

          • ameancow@lemmy.world
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            deleted by creator

            • bitjunkie@lemmy.world
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              without oil this time

              What makes you think a completely independently evolved species wouldn’t make the same mistakes we did?

              • ameancow@lemmy.world
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                deleted by creator

                • Higgs boson@dubvee.org
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                  Fossil fuels definitely turbo-charged our technological developement. Cheap portable energy and petrochemicals. Guaranteed to be addictive. And without then, or some other comparable miracle, it would have taken us many times longer to get where we are.

                  We are like someone who only ever played Civ with cheats and we’re going to find out soon how hard the game is without (and… because of) that magic black goo from the ground.

  • medsal15@lemmy.blahaj.zone
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    A post of the user pervocracy, on tumblr, saying "Me in history class: Wow, humanity has been through some fascinating times! I wonder if I'll ever live through major historical events!
Me now: NO NO NO NO NO I WANT TO GET OFF THIS RIDE"
Followed by a reply from alittlebitofhufflepuff repeating "it was supposed to be space travel." 5 times. The fifth time is missing "avel".

  • db2@lemmy.world
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    Meanwhile, genx:

    • Buelldozer@lemmy.today
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      Yeah kinda. We’ve gone through everything that the Millennials have plus some.

      • ameancow@lemmy.world
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      • MinnesotaGoddam@lemmy.world
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        wait really? i don’t see how time could work that way

        • ameancow@lemmy.world
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          • Quadhammer@lemmy.world
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            Nature doesnt owe us, humanity does. We havent come this far to cock it up now

    • ms.lane@lemmy.world
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      You got to buy houses at a reasonable price and had proper student unions, don’t @ me.

      • db2@lemmy.world
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        I’m sure you think that’s true.

  • psycho_driver@lemmy.world
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    Pretty early to use “surviving” as a verb.

  • Xanthrax@lemmy.world
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    Throw gen z in there. We start at 1997

  • ERROR: Earth.exe has crashed@lemmy.dbzer0.com
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    deleted by creator

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  • disguy_ovahea@lemmy.world
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    I’m gonna get fired for being room temperature one day.

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    I wonder if it was intentional in the original…

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