Saturday, June 1, 2013

Will Crushing Student Loans and Worthless College Degrees Politicize the Millennial Generation?

charleshughsmith.blogspot.com / By Charles Hugh Smith / May 31, 2013
The existing social and financial order is crumbling because it is unsustainable on multiple levels. The central state is not the Millennials’ friend, it is their oppressor.
No generation of young people is ever politicized by hunger in distant lands or issues of the elderly. It’s no rap on youth that self-interest defines what issues have the potential to radically transform their political consciousness; the transformative cause must reveal the system is broken for them and that it intends on sacrificing their generation to uphold the Status Quo.
The Millennial generation, also known as Gen-Y (Gen-Y comes after Gen-X), is generally defined as those born between 1982 and 2004.
The oldest Millennials were children during the first Iraq War in 1991 (Desert Storm) and just coming of age in 2001 (9/11 and the war in Afghanistan) and the start of the second Iraq War (2003).
The Millennials have entered adulthood in a era characterized by permanent low-intensity wars and central-bank/state managed financial bubbles–2001 to the present. In other words, the only experience they have is of centralized state mismanagement on a global scale.
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