So, how exactly did boomers fuck up the economy, and how bad did they do it?
Genuinely curious.

The biggest fuck up was the housing market.

Houses in the US were meant to be cheap and affordable-- something that was meant to be your own.

Now it has become an investment tool, that the greedy mother fuckers severley took advantage of, right to the point of fucking over their offspring. Here's how it workes:

>Deregulate housing loans, so anyone can get it
>create an expensive supply of housing
>bubble pops, and banks are pretty much close to going under with loans that can't get paid back
>current situation: housing supply is low causing housing prices to skyrocket over 200% in the last two years

They didn't. They had an easier time succeeding in life because far more conservative policies were in place and the entire country wasn't infested with tens of millions of Mexicans willing to work labor jobs for a dollar an hour. Grandpa worked at a factory as a high school dropout and paid for two kids to go to college, a car, a house, and a stay-at-home wife.

Then liberals and jews decided women needed to be in the workforce. (Aw, sorry goyim... the number of people competing for the same number of jobs just doubled! Maybe both of you should get jobs so you can pay your mortgage... to our banks.) Then unchecked immigration flooded the labor force with millions more fighting for the same scraps.

The constant race to the bottom (something we've written about since the 20s... "Grapes of Wrath." Good read. That's why goyimlings aren't required to read it in their Public Edjewcation any more) has left a permanent underclass, of which the modern liberals are a part of. Their own policies, which they keep voting for more of, destroyed their own chances to actually work hard and succeed in life, to be happy and start a family (Processor Shekelberg in our Feminist Studies class says women should fuck at least 200 people before they get out of college and not consider settling down until they are in their late 30s!) to succeed... all stolen from them by their own hands. And of course no liberal has ever, once, ever been able to even consider that they are at fault for any of their own woes, or that they may have made a mistake... so we have entire generations so convinced that "those old people..." are at fault for every mistake they made.

Also we need to vote for Hillary and let another hundred million mexicans and arabs into the US. Because more people means more jobs for everyone! Isn't that right, goyim?

>>Deregulate housing loans, so anyone can get it
Liberal policies to force banks to give money to niggers and spics to "help the disadvantaged."

Liberals blaming others for their own fuckups, again. It's all you can really do.


Who is goyim

Lurk more you cancerous newfag


>>Deregulate housing loans, so anyone can get it

was actually the opposite, regulated required quotas to "underprivileged" minorities during the Clinton era. basically mortgages that never had a chance of being paid back but banks were forced to loan out due to govt mandate. subprime loan crisis, the rest is history.

but please don't blame deregulation when it was in fact over regulation that caused it.

>don't blame deregulation when it was in fact over regulation
Meaningless words: In certain kinds of writing, particularly in art criticism and literary criticism, it is normal to come across long passages which are almost completely lacking in meaning. Words like romantic, plastic, values, human, dead, sentimental, natural, vitality, as used in art criticism, are strictly meaningless, in the sense that they not only do not point to any discoverable object, but are hardly even expected to do so by the reader. When one critic writes, “The outstanding feature of Mr. X’s work is its living quality,” while another writes, “The immediately striking thing about Mr. X’s work is its peculiar deadness,” the reader accepts this as a simple difference of opinion. If words like black and white were involved, instead of the jargon words dead and living, he would see at once that language was being used in an improper way. Many political words are similarly abused. The word fascism has now no meaning except in so far as it signifies “something not desirable.” The words democracy, socialism, freedom, patriotic, realistic, justice, have each of them several different meanings which cannot be reconciled with one another. In the case of a word like democracy, not only is there no agreed definition, but the attempt to make one is resisted from all sides. It is almost universally felt that when we call a country democratic we are praising it: Consequently the defenders of every kind of regime claim that it is a democracy, and fear that they might have to stop using the word if it were tied down to any one meaning. Words of this kind are often used in a consciously dishonest way. That is, the person who uses them has his own private definition, but allows his hearer to think he means something quite different. Statements like Marshal Pétain was a true patriot. The Soviet Press is the freest in the world. The Catholic Church is opposed to persecution,

pretty much picrelated

Leave newfreind

you is goyim

how does no one get this is loss

as did I.


Damn didn't expect this to be so complex.

Hahahah blaming brown people.

The absolute patheticness of poll.

Clean my shoes cletus

I absolutely adore /pol/ incels. They write fucking books to justify why even tho the white race has been at the top for ages they are having a hard time.

Fucking hilarious, please post more. I need content for my incel screenshot collection

no one likes shitskins, not even shitskins

>Niggers have generally lower IQs than the white population.
Hurts to be stupid doesn’t it Jerome?

This. They took conservative policies and installed a welfare state that consistently benefited their generation above others.

Not even black lmao.

Make no mistake I'm here to mock you.

No matter how many times you blame Chad's or Stacie's or brown people you will always be you my dude. Fix yourself and stop whining online like a bitch.


Monetary policy. They flooded the market with dollars and that caused inflation in the housing and stock markets, which are bound to implode and take the whole economy with them.

The genius solution of the fed of throwing even more dollars to the fire can't work forever. But what do you expect from keynesianists that follow a man that famously said "In the long run we're all dead"...

yeah, you can correlate a rise is most fundamental issues of safety, welfare abuse, and sliding education rankings with an increase in non-white population and immigration.

im looking forward to new micro-countries appearing with very strict culture and capital requirements for entry. maybe somewhere like nz but after fixing and deporting the unwanted.

>reddit spacinh
Thanks for the (You). Regardless you might be Spic or Gook but the reality is the same. In every single aspect, you’ll always be inferior. I’m not the kind of person to blame any Chad Stacy’s or the low IQ minorities. I live a good life and Im just glad to be white user.

Was meant for you Beaner Bill

You greedy bastards would have done exactly what the boomers did, if you'd had the chance.

You know I'm right.

Google it, faggot.

I simply followed their advice.
Went to School got a BS (almost finished paying off loan) Still can't find a decent job.
Bought a home to raise a family @260k housing crisis happened value dropped to 103k. No big deal but then wife lost here job in the recession so house got foreclosed and bankruptcy.
Trying to make it in crypto but can't seem to get off the ground with some moon missions VEN/ICX. Can't invest anymore because I can't invest what I can't afford to lose.
Boomers at least could buy a home on regular wages. Shit seems impossible today.

what give subprime mortgage loans to niggers?

yeah no i really wouldn't you stupid fuck

>blames brownies
>didn't follow the Joo protocol of education for better jobs
>blames joos now
>gets education on Veeky Forums
>blames anons

An hiro

the problem isn't brown people, it's the failures of neoliberalism and the welfare state.

Basically what said but I’d like to add

>as banks go under, they ratchet up interest on people who actually pay to make up loss
>for example, my own parents had interest rates on their mortgage jump to 40% despite never missing a payment.
>most people can’t afford that, so more foreclosures.
>as banks go down, people lose jobs all over, even long time employees
>labor market gets flooded by lots of experienced people
>wages go down from labor glut
>employers get spoiled and make ridiculous requirements for jobs because some good goy who lost his job will fill it for pennies.
>young people can’t make these requirements so often no where for them to go.

This is just the beginning, see also

Housing like all other markets became fucked up because of loans. No loans = none of these insane price inflation.
When did we forget to beware the money lenders?
Loans mean people live beyond their means and that prices always go up as people can/will pay more with money they ‘borrow’. The boomers were greedy and accepted the loans. The loans were a (((trick))).

So what's my move as a Millenial looking for a house? Wait for it all to crumble?

housing supplying isn't low though. there is a retarded trend of building overly luxurious homes. Developer make huge houses and expensive condos that they way over price, then they just fucking sit on the market. Meanwhile the supply of affordable houses tightens up and a regular 2000 square foot house in the burbs that would normally be priced at 150-200k, starts going for 500-750k. Atleast out here in CO.

Plus, the next generation of home buyers have such terrible credit, almost always because of student loans or medical crap, that they can't secure a loan.

Save for a mortgage down payment on a place that you can find and like. Renting is a way to Jew you out of more money in the long term these days.