The generation of millennials, young people who have come of age with the entry of the new millennium, has a much more complex present and future than other generations. Millennials hardly own their homes and have no financial assets. However, they do have a significant burden of debt, especially consumer credit to buy goods and services that will not generate a return in the future. In conclusion, Spanish millennials present a much more complex financial situation than past generations.
The political-economic-social system that emerged in Western countries after World War II was based on a very simple premise: if you worked hard, if you tried hard enough, you could always live better than your parents. That truth held for a few decades. At the beginning of the eighties, it began a slow and gradual decline, finally consummated in the Great Recession of 2008.
Sister Lucia dos Santos from Portugal is one of three people who were to be witnesses of Our Lady's apparitions. One of them concerned, inter alia, the assassination attempt on Pope John Paul II. The woman died in 2005, she stayed in the monastery until the end of her life. She shared her visions with the monk Augustine Fuentes.
President Donald Trump has pardoned more people on Wednesday. This time it was, among others former campaign chief Paul Manafort, businessman Charles Kushner, and wife of former Republican Congressman Margaret Hunter.
The story of Alejandro Navarro, a teacher at the San Felipe del Rio public school in Texas (United States) who did not stop correcting his students' exams, has gone viral. And it is that the teacher was evaluating the work of his schoolchildren while he was admitted to the hospital, a day before he died.
47 million millionaires (in dollars) own 44% of all global private wealth, according to Credit Suisse. Inequalities in wealth are decreasing, but the great fortunes remain overwhelmingly Western.
Psychopathy is among the most difficult mental disorders to diagnose and detect. The psychopath can appear normal and even be charming. However, the psychopath lacks awareness and empathy, making him manipulative, volatile, and often (but not always) criminal. This disorder is the object of popular fascination and clinical distress: adult psychopathy is largely impervious to treatment, although there are programs to treat insensitive and emotionless young people in the hope of preventing them from becoming psychopaths.
Lazy, financially irresponsible, never happy ... stereotypes of Millennials are tough. But for young people, the real generation to blame is the Baby Boomers, due to their negative impact on today's economy.