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News@lemmy.world · 15 days ago

Gen Z and young millennials battling ‘negative wealth’ as debt burden grows

www.theguardian.com

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Gen Z and young millennials battling ‘negative wealth’ as debt burden grows

www.theguardian.com

return2ozma@lemmy.world to

News@lemmy.world · 15 days ago

Young people whose debts outweigh their assets are at risk of experiencing blighted earnings, and even poorer health

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xep@fedia.io
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15 days ago
There has been a proposed modern implementation of a historical solution: https://braveneweurope.com/steve-keen-reducing-debt-via-a-modern-debt-jubilee
- whodrankarnoldpalmer@startrek.website
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  The people who would vote en masse to prevent this are literate enough to comprehend roughly 2% of that information.
- RedPostItNote@lemmy.world
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  15 days ago
  There is a reason biblically they recommend debt jubilees.

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