[JonPreston]

Pain is the only thing that will wake people up. And it is coming.

[plain talk]

““For the first time, this generation is going to go into a store and not be able to get what they want,” Kapito recently said at an energy conference in Texas in reference to inflation. “And we have a very entitled generation that has never had to sacrifice.””

He is correct as far as this statement goes. No love for him otherwise.

We live in a soft weak society where liberals run all the major institutions.

[Leaning Right]

> “And we have a very entitled generation that has never had to sacrifice.” <

Kapito is right about that. But due to his immense fortune, he’s really not in a position to be taken seriously. It’s kinda like a rear-echelon general telling his troops they need to quit complaining and buck up because an attack is coming.

Such a statement would probably be met with derision.

[wbarmy]

On the other hand most millennials will never be able to retire.

Baloney. If you focus on that and put off buying the newest computer, newest phone, newest car and other stuff, you can achieve whatever that dream is. But most won't. They will try to get what the things they want and complain about the cost of living.

[gundog]

I haven’t priced ramen at Walmart in years. Kinda curious.

[econjack]

The generation who earn 20% less than baby boomers did at the same stage of life despite being better educated.

Better educated? By what measure? The number of college degrees conferred? Their heads are filled with mush that see them major in Happiness Studies (seriously, a college in NJ just put the major in place). They are not better educated in the things that are valued in the market place. You can argue they are more socially "woke" which, to me, means they have a disease that prevents them from functioning in the real world. Top all that with a mail order president whose policies have doubled rents in one year in some places. Oh well, at least the Snowflake's parents have a basement.

[TigersEye]

The generation who earn 20% less than baby boomers did at the same stage of life despite being better educated.

Is that true? Who figured that out and on what basis? (not saying it isn't true)

I recall paying $2,000 in taxes on $10,000 income and worked darned hard in construction, six days a week, to make that much. I know without asking that the tax rate isn't 20% anymore.

[LegendHasIt]

All these New World Order / WEF elitist pirates like Kapito think that ALL of us peasants, regardless of our ages are a bunch of spoiled, entitled fools who soon will learn our place (according to them); Either in our graves, or as their slaves.

I don’t know a lot of young people, but all the ones that I do know are very hard working and career oriented.

[Vaduz]

BlackRock = China Ties

[Vision]

And the author is falsely entitled too.