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https://www.pewresearch.org/fact-tank/2020/11/09/the-pace-of-boomer-retirements-has-accelerated-in-the-past-year/

Don't know if thats creditable or not but apparently 1.1million more people retired during 2020 than the year previous. We all know boomers are going to start passing the torch soon. Has this massive economic shift, that has already been underway, been accelerated due to the holocough?

https://www.youtube.com/watch?v=iNlBizfi-jM

The boomer generation was largely responsible for the expansion of small business in the United States post WW2. When they "retire" that usually means passing the torch to the younger family to run or, selling out entirely for a fat check. Reminds me a lot of Microsofts method of acquisition and destruction.

What are your thoughts? Are retiring boomers having a notable effect on the supply chain when retiring? Or is it just the lazy young people?

https://www.pewresearch.org/fact-tank/2020/11/09/the-pace-of-boomer-retirements-has-accelerated-in-the-past-year/ Don't know if thats creditable or not but apparently 1.1million more people retired during 2020 than the year previous. We all know boomers are going to start passing the torch soon. Has this massive economic shift, that has already been underway, been accelerated due to the holocough? https://www.youtube.com/watch?v=iNlBizfi-jM The boomer generation was largely responsible for the expansion of small business in the United States post WW2. When they "retire" that usually means passing the torch to the younger family to run or, selling out entirely for a fat check. Reminds me a lot of Microsofts method of acquisition and destruction. What are your thoughts? Are retiring boomers having a notable effect on the supply chain when retiring? Or is it just the lazy young people?

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[–] [deleted] • 0 pt

I don’t think you understand inflation. There was a time in America when people made 1.25 hour and had a great life.

[–] • 0 pt

I understand inflation. It is you who does not understand what happened in 1971 that separated hourly productivity from hourly wages. When the price fix on gold was released, wages stagnated and inflation rose and has never stopped. I guess you don't remember the 70s much since you were too busy getting high and having a great time. This happened on your watch, boomer.