I'm a little pissed off.
Apparently, its the Baby Boomers who are to blame for the debt crisis.
The BBs who were advised by their WW2/depression era parents
- to save for a house as soon as they started work
- to not buy that shiny new car but make do with a second hand car,
- to pay more superannuation each pay day so they can retire early.
- to save for the luxuries rather than get a loan.
Funnily, enough I seem to have had this same rant a couple of years ago.
No mention of self-funded retirees?
Anyone else getting a little tired of this?
Are the baby boomers to blame for debt crisis? by Ed Hornick CNN