Damus
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TFTC
@TFTC
Americans 55+ now account for 45.3% of all U.S. consumer spending. Highest in at least 28 years. Nearly double the 28% in the early 2000s.

They also hold 73.7% of all U.S. wealth, up from 56.2% in 2000.
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𝕞ptf · 1d
So younger people have no money...
Ankh- Morpok · 1d
So boomers have all the money…
Leviticus Mathew · 1d
Only until the jab induced myocarditis kicks in, and heart related deaths really kick off that "great wealth transfer" they were talking about.
Benking · 1d
So the older generation controls most of the wealth and most of the spending… That’s exactly why the system keeps getting inflated to protect asset holders while younger generations get priced out. #Bitcoin fixes this. It doesn’t care about age, status, or political connections. It rewards ...
AU9913 · 1d
We need this chart starting 55 years ago at least considering who were dealing with.
Yogstr · 23h
Mostly on health care probably
Willheim · 23h
Now do debt. We know consumer debt is at all time highs, and it's worse when you add post secondary education and mortgages. I bet we get the inverse. These boomers, sorry to say, just need to move on already. But, as healthcare costs continue to rise you better believe that Big Insurance and Bi...