These boomers are out of touch.. | Asmongold TV

Asmongold and his co-host respond to a commenter asking what older investors should say to people nearing retirement whose portfolios just got wrecked by a market downturn. The commenter's own answer: "Tough shit." This kicks off an extended, blunt conversation about intergenerational economic resentment that has been building for years.

The karmic reckoning argument

The central thesis of this episode is that younger generations—millennials and zoomers—feel zero sympathy for older Americans who are losing money in the current market slump because they believe older generations created the very economic conditions that have made young people's lives harder for decades. Asmongold puts it directly: "This is your karmic reckoning. Carefully curated from the moment you abandon the unwritten obligation that every next generation has to leave the world in a better place."

The host reads a comment that captures the full grievance: "You stole our jobs, stole our houses, you stole our pensions, you stole our rents, you stole our futures, and you made the world indefinitely worse for us in every single way. Also you get to have a boost to your portfolio and spend historically unprecedented twenty years at the end of your entitled lives sitting on the beach in Florida."