Baby Boomers : Are they the cause of the economic crisis in America?

Baby Boomers : Are they the cause of the economic crisis in America?

Are you a baby boomer? Are you having financial problems with the economic system and economic policies? Well, just know it could be a boomer or rather a whole baby boomer generation that is responsible for this economic state. Sure the government can be blamed for the housing bubble and much of this economic crisis but there could be more to it that isn't anyone's fault.

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• baby boomer generation
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[MrLotineGuy]

We are heading towards another holocaust because the baby boom generation are being blamed for the economic crisis and this situation has been manipulated by the global elite to protect the bankers who are the real cause of the crisis.

[StrtTlkWealthRadio]

@MrLotineGuy Thanks for your comments. Now did you actually watch this video and understand what I am saying? How can you blame a generation for being born? We are just saying that consumption demand will decrease if the majority demographic is going to spend less. The only thing to screw up is to try to fix it by stimulating false demand with cheap money. did you interpret something else here? I'M A BABY BOOMER YOU KNOW, ;-0

[xspettacolare]

i like this channel maybe we could get some more vids up?

[StrtTlkWealthRadio]

@xspettacolare Thanks! We're workin on it! Lots more to come.

[ThePatriotMuckraker]

The truth? Search: George Carlin baby-boomers.

[StrtTlkWealthRadio]

@mrmilleniumproof I'm not saying it's right or just, but you do miss the point. That consumption binge WAS the 80's and 90's. HUGE, MASSIVE amounts of leverage i.e. (Investment or in fact MULTI-layers of debt) were banked into the boom. The R.E. bubble was only one part. Nothing the government will do can turn off the downtrend and what you are seeing globally is the BUST of a downturn and the chaos of how much was banked into the boom, that now has to be washed. YES, you WILL be effected!

[ACEMOM2010]

@StrtTlkWealthRadio Thank You It's a great site.

[StrtTlkWealthRadio]

@ACEMOM2010 Hey dear, I just found a site that is at least somebody's efforts to apply common sense ethics to government. check out therouteout (dot com) (Youtube won't let me paste a URL. So I spelled it out)

[ACEMOM2010]

@StrtTlkWealthRadio It seems that way to me because I have and am exsperienceing it that way. I do not think that todays world can recover from it, not for the betterment of all that is. I also do not know where in history a culture has overcome these hardships with ethics in tack but then again I haven't researched this and cannot recall. I'm sure it in a movie or two. Todays world, culture in such an unmanageble state, reminds me of the demise of Easter Island. I believe you on China issue...

[StrtTlkWealthRadio]

@ACEMOM2010 I totally appreciate the sentiment and how it seems that way. But the question is where in history or where in todays world has a culture overcome this with a prevailing sense of ethics? Communism fails because you can milk the incentive out of individual efforts if there is no individual reward. And perhaps China seems like a successful balance, but don't be fooled. Their government has created what will be the next global bubble, mark my words.