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Why You Should Stop Bashing Millennials

When you break it down, Millennials are actually doing pretty well.

Millennial bashing is so last year. Time and time again stats have shown that Millennials actually do face real-world struggles, from ballooning housing prices to stagnating wages to crushing student loan debt. The realities Millennials face these days are completely different than those of their predecessors, and that often translates to completely foreign struggles with no frame of reference to go by. When you break it down, Millennials are actually doing pretty well.

To say the current situation isn’t pretty now seems an understatement, and it’s likely to remain chaotic for a while. Which is why it’s so important for leaders of all kinds not to fall prey to the very human tendency to go negative, playing the blame game.
Bargain-hunting friends of mine have been asking: “Should I buy First Republic?” After all, First Republic is prestigious. Facebook founder Mark Zuckerberg got a mortgage there. Dozens of customer surveys rate its satisfaction scores higher than super-brands like Apple and Ritz-Carlton.
Many of us economy-watchers have been expecting recession, though with significant differences on odds and timing. Regardless, recent banking developments just made recession more likely and may have accelerated its onset.