Are you HFSP yet Millenial and Zoomer #AUStriches?

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Serves them right. All it takes is a bit of self respect and intestinal fortitude to do the research. No sympathy here.

I gotta say my bank deposits are very much in the negative at the moment.

Measuring wealth by bank deposits is pretty fiat.

All it says to me is that boomers are generally very exposed to the inflation that's coming.

I found this interesting because of attempts to kill inflation where the economists keep getting pissy about spending, blaming it on millenials eating smashed avo, when clearly they are going to be crushed by the job cuts with nothing to fall back on while the Boomers are not gonna slow down no matter what they do to interest rates because they have a huge cushion.

Their whole narrative is a farce.

Complete fiction.

It's just gas lightning to keep us divided & distracted from the financial reset that is now inevitable.

How many of them do you think understand the need for financial reset though? I wonder about it sometimes because it’s clearly not all of them.

Yeah probably only a select few. I wouldn't be surprised if most of the RBA board don't understand this inevitability. People like to think that they're doing good & think that they're good people. Most would rather not think about it.

The employees don't need to know the outcome. They can just follow the incentives their bosses lay out for them. It's also probably one of those topics that's not to be discussed. You're not one of those conspiracy nuts are you? Career suicide. Public serpents like their job security.