Yes, each generation dies off and passes its wealth to the next. But the boomers are an unusual case because they hold a lot more wealth relative to their size. Boomers and millennials each account for about 20% of the US population. But boomers hold 50% of the wealth in America, while millennials only hold 8%. The wealth transfer as the boomer generation dies off is going to be massive. And most of that Boomer wealth is tied up in real estate, which will have a big impact on the housing market when it becomes available.

https://www.nasdaq.com/articles/more-than-half-of-us-wealth-belongs-to-baby-boomers:-will-other-generations-catch-up

https://www.statista.com/statistics/296974/us-population-share-by-generation/

(Gen X is somewhere in the middle and I’m skipping over them, as is tradition. They wouldn’t want it any other way.)

Edit: meant Gen X, not Gen Z.

I wish you could send some of your snow over here. I love the stuff, and I usually have to drive to the mountains to get to it.

Oof, I never knew that.

He deserved better than for Street Fighter to be his last movie.

Keep your stick on the ice. We’re all pullin’ for ya!

Beauty Revealed is an 1828 self-portrait by the American artist Sarah Goodridge, a watercolor portrait miniature on a piece of ivory.

Goodridge gave the portrait to statesman Daniel Webster, who was a frequent subject and possibly a lover, following the death of his wife; she may have intended to provoke him into marrying her. Although Webster married someone else, his family held onto the portrait until the 1980s …

Imagine holding on to the nude pic that dad’s old crush sent him.

I think they’re hoping to attract remote workers from the cities. It’s a historic town in a scenic area, so it has that going for it at least.

I used to hike to a mountain lake in New Hampshire for trout fishing. On the wall of the Adirondack shelter next to the lake was a large cast iron skillet. Random people used it for decades to cook fish over a wood campfire. The only cleaning it got was being scraped with a flat rock, rinsed in the lake, and picked at by woodland critters. It always worked just fine, and the fish tasted great.

Go on.

Copyright ©2020

Is that site alive again? I thought it died decades ago.

I absolutely know people who started relationships through early Facebook. It was only open to college kids, and the whole site was designed to find likeminded people near to your existing friend group. Anyone remember the “six degrees of separation” feature that would show the chain of friend connections between you and another user?

Debbie Jellinsky: [meeting Gomez] Isn’t he a lady-killer!

Gomez: Acquitted!

For that bolt, I’d say give it 5 ugga-duggas and call it good.

Ah, DaneMen comics! I almost forgot about those.

I saw the report and came as fast as I could!

Sure, they have more bodies. They increased the maximum conscription age to 30 last year, and keep calling people up by the hundreds of thousands. But a large army is not necessarily a good army, especially if a substantial portion are conscripts.

Thanks for the info! I didn’t know any apps could do that.

Using a browser (not a phone app) go to the instance’s main page and look for the Communities button. That will give you a list of communities. Filtering by Local lists all the communities on that instance.

Here are some examples:
https://lemmy.dbzer0.com/communities
https://sh.itjust.works/communities

Holy cow, happy cake day!

What have the past three years on Lemmy been like for you?