'Psychologically scarred' millennials are killing countless industries

[Mr. SmithParticipant 686]

Gentlemen,

I just found this and hope it’s of interest for you:

http://www.businessinsider.de/millennials-are-killing-list-2017-8?op=0&rand=kmele

Millennials’ preferences are killing dozens of industries.

There are many complex reasons millennials’ preferences differ from prior generations’, including less financial stability and memories of growing up during the recession.
“I think we have got a very significant psychological scar from this great recession,” Morgan Stanley analyst Kimberly Greenberger told Business Insider.

Sign up for Business Insider’s newsletter: What you need to know every day delivered right to your inbox.

Here are 19 things millennials are killing.

Follow the link above to see the industries.

"I need men, real men, men with balls, certainly not sissies. I would never ask them to take an enemy position, but I insist that they follow me to that position. If you are one of those men, raise your hand." Napoleon Bonaparte

[Jan SobieskiParticipant 28791]

Good find.

Love is just alimony waiting to happen. Visit mgtow.com.

[Ranger OneParticipant 16836]

Ironically, despite being Generation X, I’ve had little interest in most of those industries being killed…

I had my first beer in about a year this past weekend.

Exception is I own my own home, and spend quite a bit at Home Depot and Lowes.

All my life I've had doubts about who I am, where I belonged. Now I'm like the arrow that springs from the bow. No hesitation, no doubts. The path is clear. And what are you? Alive. Everything else is negotiable. Women have rights; men have responsibilities; MGTOW have freedom. Marriage is for chumps. If someone stands in the way of true justice, you simply walk up behind them and stab them in the heart-R'as al Ghul.

[narwhalParticipant]

Saying they are killing industries really doesn’t show the whole picture. They are spending money on different things then their parents, some because they have a different lifestyle, and some because certain things were not available in the past.

You could make an argument that my generation killed the typewriter…but really we traded in typewriters for computers.

Besides that, many of the things listed are trends, and there should be on surprise that they didn’t last forever. As well many of the other statements seem to contradict each other. Millennials are spending less money at restaurants, but apparently Macy is losing sales as millennials are spending more money on experiences like…restaurants.

Ok. Then do it.

[FrostByteParticipant 19005]

narwhal wrote:

Saying they are killing industries really doesn’t show the whole picture. They are spending money on different things then their parents, some because they have a different lifestyle, and some because certain things were not available in the past.

Change is what kills industry, or more rightly failure to change. At some point you need to stop making fax machines and start making smart phones. If you don’t the other guy will.

If you rescue a damsel in distress, all you will get is a distressed damsel.

[Faust For ScienceParticipant 22558]

The general rule in industry is if you lose your customer base head back to basics with the produced products and work from there.

Take for example the auto-industry.

The auto-industry has become addicts to lease/debt models to inflate the price of their vehicles. They add all the bulls~~~ add-ons to jack up the vehicle prices. Now the auto-industry is trapped in a debt trap where their cars are overpriced and the only ones leasing such vehicles clearly cannot afford the vehicles.

This is not the only problem the auto-industry has. The auto-industry is overproducing vehicles to keep their stock holders happy, but these vehicles sit unsold in parking lots with a sea of vehicles because the auto-industry does not want supply and demand to come in can cause a price drop of their vehicle market.

This is a case of a price fixing scam by the auto companies to keep supply artificially low to keep prices artificially high.

Anyone with common sense sees this and they refuse to by new vehicles. As such the vehicle market is in the toilet.

If someone built a stripe down version of an enclosed vehicle, that meets safety and emissions requires, with an only an A-C, roll down windows and, comfortable seats, and empty slots for radio and other customization. Such a vehicle could be made sold new between $4000 to $6000. The cheapest new cars are around $10,000 to $12,000.

[CarnageParticipant 22113]

All those industries can go to hell for all I care.

No f~~~s given.

To those following me, be careful, I just farted. Men those beans are killers.

[OldBillParticipant]

“Psychologically scarred”? More like wisely frugal.

Do not date. Do not impregnate. Do not co-habitate. Above all, do not marry. Reclaim and never again surrender your personal sovereignty.

[Anonymous 1]

Well, I’m a millennial so I’ll give my two cents here. When I was about 19 years old the big crash happened in 2007. One of the guys I worked for lost half the value of the house he just bought. Loyal company men lost their 401k and their retirement plans. I watched those same loyal company men get thrown away like garbage after 20-30 years of servitude to their corporation. I wouldn’t say I’m psychologically scarred, I just don’t want that to happen to me. I’d say I’m very cynical and I don’t think corporate loyalty will pay off.

I know my 401k will be worthless by the time I retire. There will be no social safety net for me. I have accepted this as inevitable. After watching my elders go through divorce court I feel the same way about marriage too. Never will I let that happen to me.

Real Estate is a sellers market right now. I don’t want to buy a house and have the market crash next year and lose my savings on it. I’d rather invest in something like Bitcoin.

Another thing I noticed that is not listed here. I could never support the War Industry either after seeing what happened to my step-dad and the Vietnam Vets. They were and still are treated like dirt in this country. I could never get behind a government that treats their Vets like that so I’m totally cynical about government too.

[KevinStylesParticipant 2580]

They’re killing BEER AND HOOTERS?!?! The Fuk! I think I need to have a talk with some Millennials lol.

[743 roadmasterParticipant]

Anonymous wrote:

Well, I’m a millennial so I’ll give my two cents here. When I was about 19 years old the big crash happened in 2007. One of the guys I worked for lost half the value of the house he just bought. Loyal company men lost their 401k and their retirement plans. I watched those same loyal company men get thrown away like garbage after 20-30 years of servitude to their corporation. I wouldn’t say I’m psychologically scarred, I just don’t want that to happen to me. I’d say I’m very cynical and I don’t think corporate loyalty will pay off.

I know my 401k will be worthless by the time I retire. There will be no social safety net for me. I have accepted this as inevitable. After watching my elders go through divorce court I feel the same way about marriage too. Never will I let that happen to me.

Real Estate is a sellers market right now. I don’t want to buy a house and have the market crash next year and lose my savings on it. I’d rather invest in something like Bitcoin.

Another thing I noticed that is not listed here. I could never support the War Industry either after seeing what happened to my step-dad and the Vietnam Vets. They were and still are treated like dirt in this country. I could never get behind a government that treats their Vets like that so I’m totally cynical about government too.

Electing 0bama was one heck of a disaster. If like other wise investors most has just not sold, the market would have recovered faster. On top of that the sell off was a buyers market.

I see at least locally Mil gen is serious about small home movement. Everything from FEMA trailers, shipping containers, and small self built homes. ALL of this really dose not show up in the stats when it comes to ownership. Buy a lot, bring in what you need to live. It is a home and owned, just not in the context of a large market view.

mgtow is its own worst enemy- https://www.campusreform.org/

[Faust For ScienceParticipant 22558]

743 roadmaster wrote:

Electing 0bama was one heck of a disaster.

Only for the American people. Obama paid everyone else for their loyalty at the expense of the Obama people. This is why all the elitists are so against President Trump. They are like drug addicts whom are afraid they will be cut off from their corporate welfare.

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