Carol Roth

It's just going to administrative bloat.

So you get people who are coming out of school.

And right as we're discussing this, I saw stats that college graduates' earnings on average are down something like 50%.

eight or nine percent year over year for something where the price keeps going up and up so they're not getting in some cases any meaningful return on their investment it's saddling them with tons of debt right out of the gate and so it becomes very difficult

not only to address that debt, but to then start investing in those assets, the things that continue to inflate based on monetary policy and government policy.

So no wonder the young people feel like they're so far behind.

behind.

And then that desperation kicks in while I'm seeing all these other people on Instagram living fake lives.

It looks like everybody is, you know, doing these wealthy things because, you know, it's not about delayed gratification anymore.

It's about, you know,

faking a lifestyle and pretending that I'm living large, even though I've done nothing to earn it.

And so there's this pressure to try to make these huge bets.

And instead of building wealth slowly, they feel like they have to

lay it all on the line, make the huge bets.

You go all in on crypto and meme coins and prediction markets and things to try to not earn money productively, but to gamble.

And that is not a winning strategy to be financially secure.

Although I completely understand where the pressure for that is coming from.

And I do think it's something that we need to address on all fronts.

Yeah, it's funny.

I also came from very little.