Whom Do Millennials Trust Most? Themselves – NationalJournal.com

Subregions of Europe (The World Factbook)

Subregions of Europe (The World Factbook) (Photo credit: Wikipedia)

This is a recommended read from the National Journal. Check it  out! Whom Do Millennials Trust Most? Themselves.

The article examines latest research in the US, comparing the views of millennials to Gen X and baby boomers.

The conclusion is that the millennials trust themselves, are wary of the economic outlook and favor an independent career. Based upon my own perception,

I sense that Europe, especially austerity ravaged Southern Europe is behind the curve. I do not believe that the majority of European millennials are yet ready to go it alone. Sadly, many politicians and the media are painting a picture that things will eventually improve, implying that jobs will be forthcoming. Economic migration is taking the unemployed increasingly to other countries, where there are more jobs. But the recent EU elections have shown that there is a growing hostility to open immigration in Europe.

Apart from the small minority of the wealthy and privileged, millennials and their parents need to do a risk assessment, and look hard at the opportunities for effective mitigation. Any thoughts on how European millennials must help themselves become more independent to survive in the hostile economic climate?

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3 responses

  1. The Millennials sensibly trust themselves and
    possibly their parents if they live in Southern Europe.
    They do not believe that the jobs are coming back any more than they believe in politicians,the media or academics who peddle bright futures in exchange for study and qualifications.
    Dr Alf asks what they should do ,apart from learning useful languages the answer is develop a portfolio of transferable skills and linear income streams..
    This is because 50% of the jobs will disappear in 20 years through AI,robotics,automation,3D printing and other technologies

    • John,

      Could you please clarify what you mean by:

      <Millennial shoul develop a portfolio of transferable skills and linear income streams.>

      Also how do you think that national and European government direct policies to help the millennials achieve the achieve opportunities?

      • Alf,
        I mean that Millennials should create micro businesses and wherever possible put any excess to work to create income or more micro businesses.
        If they are educated and can write they should create e-books,if they are practical then make things out of wood and sell those,if technologically inclined develop sostware,games or mobile phone Apps,if they are loquatious and can sell then sell things etc,etc.
        What they cannot do is expect the Government or the system to give them what we once had”a job”.
        The answer is these Governments do not even grasp the problem,they are fighting “the war of the last century” and are not even acknowledging that the problem of technology,robotics,AI and automation destroying more jobs than can be created to replace them is very real.
        Wars and diseases used to solve the problem by killing off the surplus people and the returning soldiers would be employed in the efforts to create a reconstructed economy.
        Surplus product was consumed by fire and destruction so that the cycle could begin again.
        Later and now we have planned obsolescence but people have to have income to be able to buy the replacements.
        This is because too many of us live in cities and future total wars would have casualties on too great a scale because of the power of modern weapons which is now so great that there would be no true hiding place for the instigators of wars in the way that there once was.
        The “haircutting”and plundering by plutocrats has removed income and capital from the masses and transferred it to super wealthy people who have too much of everything and are not likely to want tat and rubbish.
        By hanging on to this wealth the process of recycling money which generates wealth for those at the bottom and middle has effectively stopped for all but a small percentage of very smart people capable of spotting loopholes and opportunities.
        Governments are pretending that everything is fine ,that their policies are working.
        They tell people that it is a matter of young people acquiring skills,developing the right attitudes when the UK reality is that there are 45 people for every vacancy.
        In Europe the figures are worse yet there is more outsourcing,automation and tech.nology being applied than ever and 3D printing and AI makes factory workers and call centre agents eventual things of the past.
        Clearly you either have to increase the number of jobs not being automated or you have to reduce population or you have to find a way to share the benefits of automation more fairly.
        It is obvious to me that the course already set is more regional wars in distant places,disinformation about the true situation and about the decisions already made and more oblique ways to thin the population(lowered birthrate,squeezing incomes at the bottom,healthcare rationing,chemicals in food,water and the environment).
        The Millennials have to fin.d solutions to all this for themselves with or without the assistance of greybeards

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