Gen Z will take over the economy in a decade, new report says - Business Insider

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Gen Z is set to take over the economy in a decade, despite potentially losing $10 trillion in earnings because of the pandemic

Gen Z currently earns $7 trillion across its 2.5 billion-person cohort, according to a Bank of America Research primer on the generation, called "OK Zoomer." By 2025, that income will grow to $17 trillion, and by 2030, it will reach $33 trillion, representing 27% of the world's income and surpassing that of millennials the following year., and the oldest millennials turn 39 this year.

This earnings growth is short of what it would be without the pandemic, of course. Gen Z students could lose $10 trillion of lifecycle earnings due to Covid lockdowns, the

 

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It's hard to imagine anyone from that generation being able to stand up to China and Russia.

nice

Gen Z ain't provide shit to society...

GenZ needs to crush the Republican parties lying self destruction to our country .

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