The Baby Boomer generation has left an indelible mark on the current economy. The population size of this demographic cohort has strained social security and pension systems, creating economic pitfalls as policymakers grapple with sustainability. It's essentially a pyramid scheme. The housing market boom, while initially beneficial, has contributed to inflation and affordability problems, creating a larger sales margin for younger generations trying to enter the market. The house of cards fall as Boomers rely on their investments, thereby adding volatility to financial markets. This correlates with the rising demand for healthcare services from the Boomers' aging population, forcing them to use their investments to continue living. It's a cycle that poses a significant economic burden, raising questions about the long-term viability of healthcare systems, even as AI technology continues to blossom.

Christopher Jacob

Come as you are. Doused in Mud, Soaked in Bleach. Psychology, Philosophy, Sociology, and Business. Two-time International Award-Winning Writer and Editor.