Part 2: The Door Has Opened
Part 2: The Door Has Opened
Section titled “Part 2: The Door Has Opened”
Metadata
Section titled “Metadata”- Author: Michael W. Green
- Full Title: Part 2: The Door Has Opened
- Category: #articles
- URL: https://www.yesigiveafig.com/p/part-2-the-door-has-opened?utm_campaign=post&utm_medium=web
Highlights
Section titled “Highlights”- Whenever I point out that the young are broke, economists point to the “Great Wealth Transfer.” They tell us that Baby Boomers hold $78 trillion in assets, and soon that money will flow down to Millennials and Gen Z, fixing their balance sheets. This is the biggest lie of all. That wealth is not going to you. It is going to the healthcare system.
- The Great Wealth Transfer isn’t a transfer from Boomers to Millennials. It is a transfer from Boomers to Private Equity-owned Healthcare REITs. You aren’t inheriting a fortune. You are inheriting a hospice bill.
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