Sinopsis
This is a terrible time to be young. Graduates are joining the dole queue as soon as they leave university, while their parents retire on cosy nest eggs. First time buyers are struggling to pay off mortgages on shoe boxes as their folks buy second homes abroad. Young families are struggling to provide the basics as their grandparents embark on another cruise.
Every baby in the UK is born owing £22,500, a share of the £1.4 trillion credit crunch bail out. The average student graduates £20,000 in debt. The prospect of paying off that debt and saving for a deposit for a one bedroom flat is remote, and it is all the fault of our parents. Anyone under the age of 35 is living in the shadow of the Baby Boomer Generation who grew up in an era of rapidly growing prosperity, drew wages from jobs for life, got their education for free, and bought multiple cars and TVs that they didnt need.
The enormous financial debt weve been handed comes from both their megalomania of overspending and their reckless economic and political decision-making. And it is going to get worse. There are roughly 900 days left until the Boomer time bomb goes off and they reach retirement, cease to pay taxes and start drawing pensions.
We have one chance to create change, and this is it.
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Ficha Técnica
Editorial: The Friday Project
ISBN: 9780007364862
Idioma: Inglés
Fecha de lanzamiento: 06/04/2010
Especificaciones del producto
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