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June 28, 2025

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A billionaire boomer blames his generation for ruining the economy for millennials
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Business Insider Reports: One boomer billionaire is going off on his wealthy peers.

Howard Marks, investor and cofounder of Oaktree Capital Management, recently wrote a memo to clients full of his usually notable remarks on the economy — and a shot at baby boomers for essentially ruining the economy for younger generations.

He pointed out that over 71 million people are boomers — triple the 23 million Silent Gen members and 10% more than the 65 million Gen Xers, the two generations on either side of them.

Click to learn more: (opens in a new tab)
https://www.businessinsider.com/blame-boomers-for-ruining-economy-for-millennials-billionaire-says-2021-11

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OID: 1637789533 @ 11.24.21 21:32:13 (offset server time)


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