I have a new blog post up at In Mala Fide. Here's an excerpt:
It’s not going to be the young adults now in college because we have screwed them by saddling them with this debt. They thus cannot qualify for a loan to buy your house!
I think what I like most about this scenario is how the Boomers get it right in the shorts as a direct result of their bad advice. For years, Boomers told their kids and grandkids to go to college, get an education, and have a career. They told us to do this to get ahead.The rest can be found here. I also have a couple of book reviews at Allusions of Grandeur, if anyone's interested.