I'm wondering if we're suffering a bit from confirmation bias in this thread. From the OP article:
1. Unless I'm severely misreading the articles linked, the title of this thread is incorrect. The articles mention the age range as (18-24), not (18-34). Huge difference.
2. Age group of (18-24) living with their parents can be explained due to rising costs of attending college. When you take into account that living on campus can easily cost up to $10K, you would expect more people to live at home and attend local schools.
3. The article mentions the percentage of young adults living at home has increased from "just one in three" (I assume it's close to 33%, though probably not exactly 33%) to 40%. A 7% increase is far from alarming considering my previous point.
Can you elaborate on this? Because this doesn't match up with my personal experiences. My alma mater has seen record enrollment year after year for the past decade. I know a significant amount of people in school pursuing a major outside of STEM or applying to law school. If everyone knows higher education is a scam, except for STEM, than I'm truly confounded by the record enrollment levels.
This is not to say the system won't collapse. As QC aptly pointed out, the Soviet Union collapsed in a blink of an eye. But I'm not convinced faith in the system in collapsing. The manosphere does have a bit of an echo-chamber effect.
Men checking out and retreating into porn? I'm still seeing a ton of wedding pictures on my FB newsfeed. The vast majority of my guys my age are in steady relationships and about to get married. Granted, my arguments are purely anecdotal. It very may be that my social circle is heavy on the people who are actually succeeded in this economy and system. But let us not forget that Hillary Clinton won the popular vote. Even if you discount California and illegal immigrants voting, she still got a very sizeable chunk of the total vote. And I think it does say a lot about how much faith people still have in the system. A shockingly large number of people genuinely believe Trump will be the next Hitler. Faith in the Old Media may be low, but that doesn't mean people aren't swallowing that stuff hook, line and sinker.
Also, I'm not sure how to account for Donald Trump as a black swan event. If he can genuinely achieve even a few of his campaign promises - and based on his cabinet picks it seems likely - faith in the system might just strengthen, not weaken. A sudden rise in patriotism and loyalty to American works can have very positive ripple effects. A boom in manufacturing could lead to more jobs for college degree holders as well. His cost-cutting ways might just deflate many bubbles. In terms of education: if he gets the government out of federal aid for higher education, it could drastically change the entire system.
I am under no illusion that every system sooner or later collapses - looking at history no society has ever withstood major societal upheaval. Societal decline is inevitable. I'm just not convinced yet that it's an imminent danger in the United States.
P.S. some of my skepticism comes from personal experience with doomsayers about India. When I was younger I would read these predictions India would collapse into a warlord-run savage wasteland by 1980, 1990, 2000 and so forth. And it's still standing strong. My observation is that every large society has its issues and there's always something you can point at to explain an imminent collapse. Hindsight bias always makes a collapse seem so obvious, yet we forget the scores of predictions that never came true.
Quote:Quote:
What’s more, the percentage of those aged between 18 and 24 living with family has been on the rise since 2005. Before then, just one in three young adults returned to mom and dad’s house.
1. Unless I'm severely misreading the articles linked, the title of this thread is incorrect. The articles mention the age range as (18-24), not (18-34). Huge difference.
2. Age group of (18-24) living with their parents can be explained due to rising costs of attending college. When you take into account that living on campus can easily cost up to $10K, you would expect more people to live at home and attend local schools.
3. The article mentions the percentage of young adults living at home has increased from "just one in three" (I assume it's close to 33%, though probably not exactly 33%) to 40%. A 7% increase is far from alarming considering my previous point.
Quote: (12-23-2016 02:18 AM)Atlanta Man Wrote:
This whole system is going to fall and it will happen all at once as people stop believing all at once. The housing bubble , the student loan bubble, the car loan bubble -all symptoms of the same disease. The next big bubble is the belief bubble, once people stop believing,then no more bubbles are possible-and unless Trump turns off the internet , that bubble is already coming. Faith in the system is collapsing, people are letting the truth and traditional media is no longer the gateway. Everyone knows higher education is a scam except for STEM, everyone knows Law School is no longer a golden ticket and people are not going as much, faith in the dollar is low, faith in government is low, no one wants to go to war in foreign countries anymore, no one has faith in the elites anymore, the power of religion is gone (except for Islam), men are checking out and retreating into porn and video games-the list goes on and on.
The people in charge will say everything is fine as it all circles the drain.....until one day you wake up and suddenly everything is all up for grabs, and they cannot hide that it is all over.
Can you elaborate on this? Because this doesn't match up with my personal experiences. My alma mater has seen record enrollment year after year for the past decade. I know a significant amount of people in school pursuing a major outside of STEM or applying to law school. If everyone knows higher education is a scam, except for STEM, than I'm truly confounded by the record enrollment levels.
This is not to say the system won't collapse. As QC aptly pointed out, the Soviet Union collapsed in a blink of an eye. But I'm not convinced faith in the system in collapsing. The manosphere does have a bit of an echo-chamber effect.
Men checking out and retreating into porn? I'm still seeing a ton of wedding pictures on my FB newsfeed. The vast majority of my guys my age are in steady relationships and about to get married. Granted, my arguments are purely anecdotal. It very may be that my social circle is heavy on the people who are actually succeeded in this economy and system. But let us not forget that Hillary Clinton won the popular vote. Even if you discount California and illegal immigrants voting, she still got a very sizeable chunk of the total vote. And I think it does say a lot about how much faith people still have in the system. A shockingly large number of people genuinely believe Trump will be the next Hitler. Faith in the Old Media may be low, but that doesn't mean people aren't swallowing that stuff hook, line and sinker.
Also, I'm not sure how to account for Donald Trump as a black swan event. If he can genuinely achieve even a few of his campaign promises - and based on his cabinet picks it seems likely - faith in the system might just strengthen, not weaken. A sudden rise in patriotism and loyalty to American works can have very positive ripple effects. A boom in manufacturing could lead to more jobs for college degree holders as well. His cost-cutting ways might just deflate many bubbles. In terms of education: if he gets the government out of federal aid for higher education, it could drastically change the entire system.
I am under no illusion that every system sooner or later collapses - looking at history no society has ever withstood major societal upheaval. Societal decline is inevitable. I'm just not convinced yet that it's an imminent danger in the United States.
P.S. some of my skepticism comes from personal experience with doomsayers about India. When I was younger I would read these predictions India would collapse into a warlord-run savage wasteland by 1980, 1990, 2000 and so forth. And it's still standing strong. My observation is that every large society has its issues and there's always something you can point at to explain an imminent collapse. Hindsight bias always makes a collapse seem so obvious, yet we forget the scores of predictions that never came true.