Hi Bob! Why I optimist that wokeism will go way. Hardship, as the world economy adjusts to a new regime, higher interest rates and tighter financial conditions all affecting the generation that embraced wokeism.
Go back to QE money creating artifical growth:
"Ever expanding production capacity allowed central banks to stabilize economies and shore up growth through loose monetary policy. That helped suppress macro and market volatility, and stoked bull markets in both stocks and bonds. Investors could rely on static, broad asset class allocations for returns –and gained little advantage from differentiated insights on the macro outlook. Our bottom line: (Blackrock wrote) This is a regime of slower growth, higher inflation, higher interest rates – and greater volatility.
As the new regime bites, this generation, which is big -California is home to the largest number of Gen Zers, with about 8.2 million, followed by Texas with approximately 6.9 million- will be hifting their views (how they vote, how they buy) as reality bite them.
Pretty soon, Bob, pragmatism will return and they will be buying and voting pragmatic instead of buying lifestyle, amigo
Why food insecurity among Gen Z is so much higher than for other age groups
Adult members of Generation Z are experiencing food insecurity at over twice the rate of the average American, according to our latest consumer food survey. In fact, about 1 in 3 Americans born from 1996-2004 have had trouble affording enough food in 2022.
That compares with fewer than 1 in 5 millennials and members of Generation X, and fewer than 1 in 10 baby boomers.
theconversation.com |
