@hypolite @aral @zem I mean, millenials are born before 2000, but they are the people entering the work force and markets before three recessions of such scale that assets are basically unknown.
As a very rich millenial, almost all of my wealth is familial, and so many friends with good degrees are just... Unemployed or underemployed for years at a time
Successful millenials have shadow economies to support themselves