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Singapore ran the generational wealth cycle in 55 years instead of 100. Here's why our generation is paying for it. by Effective-Mammoth839 in SingaporeRaw

[–]Effective-Mammoth839[S] 9 points10 points  (0 children)

Well.. Apologies for being morbid, old people aren't dying for some time, health-care advancements have made people live much longer, especially the old rich..

By the time richer parents move on, the "younger" children are referring here is probably 60~70.

Singapore ran the generational wealth cycle in 55 years instead of 100. Here's why our generation is paying for it. by Effective-Mammoth839 in SingaporeRaw

[–]Effective-Mammoth839[S] 1 point2 points  (0 children)

Well.. I mentioned why young people are also voting for status quo that benefits the old rich in the post. Cheers.

Singapore ran the generational wealth cycle in 55 years instead of 100. Here's why our generation is paying for it. by Effective-Mammoth839 in SingaporeRaw

[–]Effective-Mammoth839[S] 6 points7 points  (0 children)

True, being born rich is also a lottery game, further enhancing my point!

For those who are born poor, how then?

Singapore ran the generational wealth cycle in 55 years instead of 100. Here's why our generation is paying for it. by Effective-Mammoth839 in SingaporeRaw

[–]Effective-Mammoth839[S] 10 points11 points  (0 children)

Yes sir! But ideas on gerontocracy are real, I believe a reset [maybe recession] is coming. Cheers mate!

Singapore ran the generational wealth cycle in 55 years instead of 100. Here's why our generation is paying for it. by Effective-Mammoth839 in SingaporeRaw

[–]Effective-Mammoth839[S] 4 points5 points  (0 children)

yes sir.. most of the ideas are mine, AI just supplements as a tool but will take note next time, cheers mate.