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Reply to "Generational wealth. What's behind the obsession?"
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[quote=Anonymous]The "I can just work" takes such a short view of history. Generational wealth doesn't just insulate you from having to work because you don't want it. It means you can afford to flee in cases of war or upheaval. It means you can have a second house to go or quit a job where you are being abused. It means you can have "bone spurs" rather than be drafted into the army for a capricious foreign war. It means when the job market becomes nonexistent and investment income is much of what there is (c.f. Britain 19th century eg) your children will not be destitute. I come from a family of refugees on both sides, so I know what generational wealth is for. If you have to ask, well...lucky you.[/quote]
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