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2 days agoNah, Gen Z’s thing is mostly fashion sense because they’re essentially cultural archeologists in a lot of respects. Gen Z does make new stuff, but a lot of what they do is also remixing old stuff and dusting it off and trying it out again too. And some of that shows in their fashion sense where they’re often mixing stuff that makes them look like my Dad with stuff that makes them look like my Grandpa.
It’s sort of like how names like Gertrude and Agatha and stuff are starting to make a come back. A lot of the younger crowds never met those old people and got the associated “that’s an old person name” cultural alignment. To them, it’s just a nice sounding string of syllables.
Won’t happen due to index funds. If they get approval to be publically listed, a bunch of index funds, as a condition of the financial security package they’re selling, will be forced to buy stock to keep their index aligned with the overall market positioning.
It’s basically the Space X scam all over again with the large brokerages in on it knowing that it’s primarily consumer investors who dropped money into these index funds. The intention is to keep adding a bunch of shitty companies to the market so that the actual big name traders can use it to siphon off the huge glut of wealth in those index funds into their wallet by selling shares at massively overpriced values that they know won’t hold up.