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I don't want to blame people for succumbing to relentless propaganda campaigns that they grew up in and making bad early life choices as a result. Adults have the responsibility to be passing along helpful information.
The problem is the boomer generation were hippies and rejected capitalism, yet the world is capitalist regardless. They didn't understand finance and didn't teach investing and putting capital to work.
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That's one of the problems. I think more broadly, the problem is the sort of utopian egalitarianism that boomers elevated above reality. Capitalism is just one of the things they carelessly rejected.
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