this post was submitted on 28 Jan 2025
79 points (98.8% liked)

Slop.

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For posting all the anonymous reactionary bullshit that you can't post anywhere else.

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I hope you all appreciate what I expose myself to in order to dredge up slop for you all. There’s no more radioactive quarter of the internet than whatever the hell LinkedIn News is.

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[–] [email protected] 54 points 5 months ago

wealth quadrupled from 2019 to 2022

shout-out to the boomer remover, I guess. Really great way to run an economy covid-cool

[–] [email protected] 39 points 5 months ago (1 children)

Don't care when will my zoomer wealth quadruple (to $400)

[–] [email protected] 28 points 5 months ago (1 children)

Now show me wealth distribution amongst millenials

[–] [email protected] 27 points 5 months ago

It's just Mark Zuckerberg.

[–] [email protected] 25 points 5 months ago* (last edited 5 months ago)

Definitely anecdotal but for every person I know who is making 6 figures and owns a home in that age bracket I can easily think of 3 that are scraping by, have known a few people in recent years that lived in shipping containers for extended periods of time.

[–] [email protected] 25 points 5 months ago

These articles almost always omit that "millennial wealth" is concentrated in a smaller proportion of that cohort than previous generations, and that those millennials with the most wealth got most of it from inheritance

[–] [email protected] 25 points 5 months ago* (last edited 5 months ago)

I think they're sourcing this claim from a different article on the same subject:

Empower data shows Millennials wrapped 2024 with an average net worth of $333,096

That's the claimed average. Doesn't pass the basic smell test, even with massive inequality.

[–] [email protected] 24 points 5 months ago (1 children)

The picture is also funny. “Oh look, honey, our wealth just quadrupled”.

[–] [email protected] 18 points 5 months ago

*Shows four late notices of payment requests*

[–] [email protected] 18 points 5 months ago

2019: Millenials have a dollar to their name. 2022: Four dollars

[–] [email protected] 18 points 5 months ago (1 children)

you can in fact quadruple a negative number

[–] [email protected] 7 points 5 months ago

Underrated post

[–] [email protected] 16 points 5 months ago

Generational politics are fake, this is all because Zuckerberg made a shitzillion dollars and drags the average way up.

[–] [email protected] 16 points 5 months ago

Wealth is increasingly concentrated in smaller and smaller amount of people.

Successive generations have been having less and less children.

Older millenials are reaching the age when they inhereit generational fortunes.

Shut up.

[–] [email protected] 15 points 5 months ago

Where my 4x returns?

[–] [email protected] 14 points 5 months ago

Their source:

made-it-the-fuck-up

[–] [email protected] 12 points 5 months ago

Have millenials escaped zuck whitehole effect?

[–] [email protected] 12 points 5 months ago* (last edited 5 months ago) (2 children)

Can someone ELI5 why they do this?

doomjak: “I’m poor.”

porky-happy: “No you’re not! You’re rich, actually!”

If it’s a pretext to raise prices, then porky knows in the back of his mind he’s only fooling himself. It feels like they’re only saying this in a taunting way to demoralize young people.

[–] [email protected] 4 points 5 months ago

It breaks class consciousness. If it's everyone broke, it's a systemic failure; if it's just you it's a personal one.

[–] [email protected] 11 points 5 months ago (1 children)

Damn I didn’t realise I had an appreciating home, that’s good to know!

[–] [email protected] 11 points 5 months ago

So all of our money is in houses we don't own and retirement accounts that we don't have.

[–] [email protected] 10 points 5 months ago (1 children)

Is this based on median property ownership, or mean? (Or various income measures?)

LinkedIn is so gross. Just the most naked face of our society that doesn't directly involve force (ironically, given that everything posted there is the most insincere thing the poster has posted)

[–] [email protected] 2 points 5 months ago

Someone else in this thread gave about $333,000 as the average they're claiming so you tell me.

[–] [email protected] 7 points 5 months ago

I have 4$ now