Kyla Scanlon

And it's just a different world.

And I think that it's hard because for the past 40 years with this great moderation, where things, the growth of suburbia, the growth of white-collar jobs, it seems like everything would stay stable forever.

And that's just not how the world works, apparently.

No, I think that's true.

And the economic indicator that I brought to the table is a bit similar, where people talk about how much young people are sports betting.

You know, 31% of 18 to 34-year-olds have an account with sports betting, as you were talking about.

32% of them bet three or more times a week.

30% has bet more than 500 in a single day.

But when you ask them if they want this, people say no.

A Pew Research poll found that

over 40% of people aged 18 to 29 think that legalized sports betting is bad.

It's up sharply from 34% in 2022.

By the way, that matters, that change.

And so I think that's another thing that ties into what you're saying, is it seems like everybody wants to be betting.

Everyone, even though it's not that many, it seems like a lot of people, but everybody wants to be betting.

Everybody wants to be a part of this casino economy.

But when we look at the data, that's just not true.

That ties into the first question pretty well, where people are doing this because of aspirational displacement.

They're doing this because they're trying to find some way out and because it's accessible.

I think also prior generations might have tapped into this stuff a little bit.