this post was submitted on 16 Mar 2024
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United States | News & Politics
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Ah; 40 years old means she doesn’t remember the oil crisis in the 70s.
We’ve had over 20 years of low interest and low inflation and people have forgotten how things can be.
It doesn't help that discourse online is entirely convinced that everything was absolutely perfect for the baby boomer generation. They never experienced hardship. Nope. Absolutely none. If they did it was no where near 1000 times how bad I have it.
List those financial hardships then, with sources please.
They bought $50k houses with interest rates as high as 11%...my source is my coworker who said she did that...