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Re: Fragments of an avotoast anthropology

Posted: 11 Aug 2017, 12:24
by Hugh Akston
'If there is hope,' wrote Winston, 'it lies in Generation X.'
The members of the in-between generation have moved through life squeezed fore and aft, with these tremendous populations pressing on either side, demanding we grow up and move away, or grow old and die—get out, delete your account, kill yourself. But it’s become clear to me that if this nation has any chance of survival, of carrying its traditions deep into the 21st century, it will in no small part depend on members of my generation, Generation X, the last Americans schooled in the old manner, the last Americans that know how to fold a newspaper, take a joke, and listen to a dirty story without losing their minds.
Irony and a keen sense of dread are what make Generation X the last great hope, with its belief that, even if you could tell other people what to say and what not to say, even if you could tell them how to live, even if you could enforce those rules through social pressure and public shaming, why would you want to? I mean, it’s just so uncool.

Re: Fragments of an avotoast anthropology

Posted: 11 Aug 2017, 19:28
by dbcooper
Which was more damaging to the arts: Gen-X's dopey obsession with "authenticity", or Millennial obsession with phony moral virtue?

Re: Fragments of an avotoast anthropology

Posted: 11 Aug 2017, 19:51
by dhex
i just tried watching the trailer for empire records so...both are terrible.

Re: Fragments of an avotoast anthropology

Posted: 11 Aug 2017, 21:27
by JasonL
I'm an anti authenticity xer and I'd say phony moral virtue has more traction outside of a narrow hipster type band that obsessed about authenticity. It's worse for that reason.

Re: Fragments of an avotoast anthropology

Posted: 14 Aug 2017, 10:26
by Fin Fang Foom
dbcooper wrote:
11 Aug 2017, 19:28
Which was more damaging to the arts: Gen-X's dopey obsession with "authenticity", or Millennial obsession with phony moral virtue?
I'd say millennials are obsessed with both, and have an inflated sense of their own accomplishments and importance, a la boomers, so millennials as a whole are much worse.

Re: Fragments of an avotoast anthropology

Posted: 13 Mar 2018, 12:13
by Hugh Akston

Re: Fragments of an avotoast anthropology

Posted: 13 Mar 2018, 13:31
by JasonL
Preach canadian brothers. They are high earners with favorable market conditions but they are doing every single thing right to build wealth early and coast on compounding over time. Also, no kids, but house and car are forces of destruction far beyond what they are given credit for.

Re: Fragments of an avotoast anthropology

Posted: 13 Mar 2018, 14:18
by nicole
At first I was like wait, if I have $500k I can retire? But then I saw that it was actually $1 million and also that they are only going to be living a $40k/year lifestyle forever and...it's a lot less attractive.

Re: Fragments of an avotoast anthropology

Posted: 13 Mar 2018, 14:22
by Warren
nicole wrote:
13 Mar 2018, 14:18
At first I was like wait, if I have $500k I can retire? But then I saw that it was actually $1 million and also that they are only going to be living a $40k/year lifestyle forever and...it's a lot less attractive.
You can bump that to $60k/year fairly easy with a side hustle. Which I guess would just be a hustle.
JasonL wrote:
13 Mar 2018, 13:31
Also, no kids, but house and car are forces of destruction far beyond what they are given credit for.
I can see how you could burn cash in your car, but I think the value of personal transportation can pay its own way.

Re: Fragments of an avotoast anthropology

Posted: 13 Mar 2018, 14:40
by Jennifer
I've never lived in a place where going carless was even a feasible option, if you wanted to live an ordinary non-recluse life.

Re: Fragments of an avotoast anthropology

Posted: 13 Mar 2018, 15:14
by JasonL
Think not “no house, no car” necessarily, but more like “sharply limited house/rent and transportation costs when young”.

Re: Fragments of an avotoast anthropology

Posted: 13 Mar 2018, 16:22
by Dangerman
When you don't work, your transportation costs go down.

Re: Fragments of an avotoast anthropology

Posted: 13 Mar 2018, 17:15
by Jennifer
If they lived in America rather than Canada they'd also have to budget for their health insurance premiums, which would increase their monthly minimum outlay.

Re: Fragments of an avotoast anthropology

Posted: 13 Mar 2018, 21:00
by Mo
If inflation ever rises above 2% or the market eats it, they’re kinda screwed. Retiring on $40k a year withdrawals from a $1M doesn’t leave a lot of room for white swans, let alone black ones.

Re: Fragments of an avotoast anthropology

Posted: 13 Mar 2018, 22:49
by JasonL
They quit too soon for security yes. They aren’t worried about medical savings which US people should. But they are closer to being exactly where you’d want to be than most people.

Re: Fragments of an avotoast anthropology

Posted: 13 Mar 2018, 23:34
by Mo
JasonL wrote:
13 Mar 2018, 22:49
They quit too soon for security yes. They aren’t worried about medical savings which US people should. But they are closer to being exactly where you’d want to be than most people.
For their age, they're way ahead of 98% of folks (with $1M in the bank). It's the stopping that's bonkers.