A new report has found out that almost three-quarters of millennials -- people born from 1981 to 1996 -- in the United States are living paycheck to paycheck.
The survey, entitled “New Reality Check: The Paycheck-to-Paycheck Report,” was released on Saturday by PYMNTS, a company that reports on financial news and data, and the financial services company LendingClub, The Hill reported.
The report found 60.1 percent of American consumers were living paycheck to paycheck last month, including 73.2 percent of millennials.
In the meantime, 65.5 percent of consumers of Generation Z -- the generation born in the late 1990s or the early 21st century -- and 64.2 percent of Generation X – the generation born before millennials -- were living paycheck to paycheck, but only 49.5 percent of baby boomers and senior citizens were. Baby boomers were born in the years following the Second World War, when there was a temporary marked increase in the birth rate.
Respondents who said they were living paycheck to paycheck said that their paycheck only covers basic bills.
More than 25 percent of respondents also said they pay for expenses for other family members and have major debts to pay. About one-third of millennials cited each of these reasons.
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All warfare is based on deception. Hence, when able to attack, we must seem unable; when using our forces, we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near. Sun Tzu, The Art of War
The Empire of Chaos is relentless. Lawfare, destabilizations, sanctions, kidnappings, color revolutions, false flags, annexations: 2025 will be the year of BRICS – plus BRICS partners – as choice targets under fire.
Inestimable Prof. Michael Hudson coined “chaos” as official US policy. That’s bipartisan – and it runs across all silos of the Deep State.
In the absence of long-term strategic vision, and amidst the progressive imperial expulsion from Eurasia, all that’s left for the Hegemon is to unleash chaos from West Asia to Europe and parts of Latin America – a concerted attempt to Divide and Rule BRICS and thwart their collective drive affirming sovereignty and the primacy of national ...
While NATO may be yearning to take on Russia in the Arctic, many of its troops lack the necessary expertise for survival in such extreme conditions.
Although NATO forces regularly participate in drills in the region, many remain unprepared for the harsh realities of Arctic life.
Though NATO forces routinely participate in the bloc’s drills in the region, many of them are still not prepared to survive in the Arctic’s harsh conditions, The Sun reports citing Minna Alander, a researcher at the Finnish Institute of International Affairs.
"Not all NATO allies have the capabilities that are needed and that work in the Arctic environment and climate,” Alander said.....more below
