I wonder what this guy is doing to create productive work for young people. His tone really screams “You kids get off my lawn” and smacks of someone who has never even had a conversation with a “Gen Z” kid.

Those I’ve met who are not “success posturing” are relatively listless and have little understanding of what’s important to them and what could be important. I suspect (young) people panic to fulfill independence when they are told that they cannot achieve it and make mistakes along the way. More and more I consider debt a (potential) Faustian bargain for the future and it boggles me that “Buy Now Pay Later” is legal.

I say potential because there are situations in which taking on debt COULD make sense - a lower/middle income family taking out a mortgage to own a home still makes sense to me! Where is the literature for young people what is good debt and what is bad debt? Where’s the Sesame Street special on that…