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@streetman@lemmy.world to memes@lemmy.worldEnglish • 1 month ago

Millennials surviving their 4th ‘once in a lifetime’ crash

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Millennials surviving their 4th ‘once in a lifetime’ crash

lemmy.world

@streetman@lemmy.world to memes@lemmy.worldEnglish • 1 month ago
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  • LEM 1689
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    37•1 month ago

    Remember the 80s recession? GenX remembers.

    • @Vipsu@lemmy.world
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      21•1 month ago

      Millenials born in late 80s or early 90s may not remember but it could still have affected their childhood.

      • LEM 1689
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        -22•1 month ago

        Also, it could not have. “Could” anything is pretty vague. Every childhood had a preceding history.

        • @javiwhite@feddit.uk
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          14•1 month ago

          ‘Could’ specifies a possibility of an event occurring, as opposed to no possibility.

          For example, I could have rice for dinner, however there is no way I could jump to the moon.

          When applied to the context of this conversation:

          A person born in the 90s could have had their childhood affected by the recession in the 80s. A person born in the 50s could not have had their childhood affected by the recession in the 80s.

          Could is only vague in the scope of probability; this is because it’s a confirmation of the possibility, rather than a defined probability.

    • @tischbier@feddit.org
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      1•
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      30 days ago

      You’re right — the early 80’s ugh. 15% inflation with a gas crisis. 10-15 year panics were the norm in the 1800’s too

      • LEM 1689
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        2•30 days ago

        Mortgage rates skyrocketed, people lost their homes.

    • @ameancow@lemmy.world
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      4•1 month ago

      This cycle of republicans wrecking the world, then democrats quietly, meekly fixing the mess after like a battered wife, it goes way back.

      • LEM 1689
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        1•1 month ago

        Sounds so banal.

    • @bluegreenwookie@bookwormstory.social
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      1•29 days ago

      That was a bit before my time but i remember some people saying the 2002 crash was in part an extension of the 80s recession as the 90s boom was partially due to the tech boom.

    • HeyListenWatchOut
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      0•1 month ago

      deleted by creator

    • @MNByChoice@midwest.social
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      1•1 month ago

      Those sucked.

      • LEM 1689
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        2•1 month ago

        Devestated my childhood

    • @AtariDump@lemmy.world
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      3•1 month ago

      Who?

      • @usernamefactory@lemmy.ca
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        2•1 month ago

        What?

        • @AtariDump@lemmy.world
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          3•1 month ago

          When?

          • @ameancow@lemmy.world
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            2•1 month ago

            Now?

            • @AtariDump@lemmy.world
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              2•1 month ago

              Soon.

      • LEM 1689
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        2•1 month ago

        Which Who?

        • @AtariDump@lemmy.world
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          2•1 month ago

          The

          • LEM 1689
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            2•1 month ago

            Ah

          • @ameancow@lemmy.world
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            1•1 month ago

            potato

            • @AtariDump@lemmy.world
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              1•1 month ago

              Tomato

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