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This Has Never Happened Before! | Scott Galloway

20 Jul 2024 · 1 min

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Scott Galloway argues that 30-year-olds today earn less and have less financial stability than their parents did at the same age, a first in U.S. history. He connects this economic decline to rising youth anxiety, depression, and addiction, and describes a generation that sees prosperity elsewhere but feels excluded from it.

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First time in our history, a 30-year-old is not doing as well as his or her parents were at 30. That's never happened in the history of the country. Really? That creates rage and shame, right? And the result is we have a youth in our culture that is more anxious, depressed, obese, addicted, and generally unhappy than ever. There's a level of rage and incendiary report on everything because young people look up, they look at other industries and they think, It feels like everyone's doing well. I know there's massive prosperity, and I also know I'm not sharing in it. So I think my generation looks at youth not as the future, but as nutrition.