Quote:
Originally Posted by PsYcNeT
I'm not sure I follow. Do you mean from their boomer parents? Is this "largest" calculated as a gross total or per capita? Because I don't really believe it if it's a per capita amount.
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I'm not sure of the per capita numbers, but the value of the wealth that will be transfered from the boomers to their 'heirs' in the US is widely reported to be US$30T and a large portion of that is expected to end up with millennials.
My point was that the "less well off than their parents" portion of their lives is limited for a large number of millennials. I guess I'm curious if you think the view of capitalism by millennials will change once a large number of them receive a windfall from the system they currently have such an unfavourable opinion on?
Edit - There are approximately 80 million millennials in the US, so the per capita value would be approximately $375,000!