Comment by sixstringtheory
3 years ago
It also seems like more and more people are unable to start their own life until later, living with parents longer, starting work later, etc. I assume there's a correlation.
The people I know that are addicted to video games into their twenties and thirties certainly fit the bill. They're going nowhere fast.
Hmm either their brains are melted or the entire world economy is tilted against the working class to a degree not seen in a hundred years, and it's hitting the kids the hardest. I certainly know which one I think is more likely...
You say they play video games because the economy sucks. I say the economy sucks because they're playing video games. Real chicken and egg situation we have here.
lol. lmao, even. The economy doesn't "suck", it's rigged.
- Wage stagnation in Nine Charts: https://www.epi.org/publication/charting-wage-stagnation/
- Home prices are rising faster than wages: https://usafacts.org/data-projects/housing-vs-wages
- World's richest people (0.001%) now own 11% of global wealth, marking the biggest leap in recent history: https://fortune.com/2021/12/07/worlds-richest-inequality-ric...
- Richest 1% gained $6,500,000,000,000 in wealth last year: https://www.cnbc.com/2022/04/01/richest-one-percent-gained-t...
- 50 Years of shrinking union membership, in one map (from 33% to 10%): https://www.npr.org/sections/money/2015/02/23/385843576/50-y...
You should be a consultant for the Fed. Quite an economic theory you have there. I’m sure you have data to prove it too. Such as less hours worked (as they were busy playing games) and not less earned per hour. Now that I think about it, those Agatha Christie novels probably caused The Great Depression.