Via Cousin John
The president of the world's largest asset management company just issued a stark warning to members of America's "entitled generation."
BlackRock co-founder and president Robert Kapito said Tuesday that the global supply chain and soaring inflation crises will soon have dramatic effects on the U.S. economy that will result in a noticeable scarcity of goods not experienced before by many younger Americans.
That scarcity, he said, will likely be a shock to the system for many who are accustomed to an abundant and comfortable lifestyle.
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