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 Originally Posted by ImSavy
There has actually been lots of work done that shows this generation is the first generation that will be worse off than the one before it but ye I don't into all the back in my day, end of the world shite people spew.
Certainly, transient dips in living standards lasting a generation are possible, but on a human history scale, I'm an optimist.
edited to add: Also, the studies you're referring to are isolating the relatively well-to-do first world people. If you take ALL humans, this generation is way better than the last one. Look at how much better the average Indian or Chinese person is doing now than three decades ago. Globalization / free trade and the impending collapse of Euro-socialism will take white people down a peg but the human race will keep trucking onward and upward.
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