wagesj45, 1 year ago

There is a disproportionate amount of wealth concentrated in the older generation and those who will inherit it will probably be even worse with that money than the last generation.

Don't worry, this isn't going to happen. Inheritance, I mean. Almost all of that generations wealth is going to be eaten by elder care. At $10k per month, and zero of that being covered by Medicare until you're basically destitute, nursing homes are going to demolish that store of wealth and their descendants will be left with nothing.