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Reply to "Generational wealth. What's behind the obsession?"
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[quote=Anonymous][quote=Anonymous]A few thoughts that are all intertwined with each other: As the UMC grows it becomes feasible for more people to leave sustainable assets to their children. The world is more competitive and individualistic compared to previous decades. The wealth gap is growing and with that comes class anxiety. Leaving wealth for kids can ease that. [/quote] This, plus AI and diminishing returns to expensive college educations. I will also throw in a buffer for unforeseen health issues, divorce, tragedies, etc. [/quote]
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