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[quote=Anonymous][quote=Anonymous]Real median income over the years

1980-2007 average per year: 1.3%
2008-2019 average in per year: 1%
2022-2023 average per year : -0.2%

When I looked at this data I am honestly puzzled by this optimism that our investments in the market will keep growing just as they have in the past.

To this add an aging population, a slowdown in immigration and a rise in age dependency ratio.

Today in Japan, more adult diapers are sold than baby diapers. In this country we have a quarterly thinking just like wall street. But wall Street is increasingly the playground of a few players.

[b]Give me reasons to be optimistic. [/b]

If you look at upward mobility 90% of kids born in 1940 did better than their parents. For those born in 1980 only 40% are doing better than their parents.

[/quote]

To me the FIRE movement is one indication that we are not so optimistic about the future. I am 64 years old and I don't think I recall a time in my lifetime when people wanted to have as much wealth as possible as quickly as possible. [/quote]

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