The stock market had barely moaned its first warnings about a potential recession when my phone was buzzing. It was mine closest friend from collegeShare a Tiktok – 2025 -The counterpart to send a sympathy card or “thinking of you.”
“Millennials who produce the recession POP playlist after seeing the stock market crash,” The video Read, when a creator danced to the 2009 hit “Down” by Jay Sean. The next day she sent me Another tikok – This a meme of Amy Poehler, dressed in a hood sweater and sunglasses, throws up the peace sign that “Gangsta’s Paradise” played in the background. The text on the screen joked that Millennials were about to live through our fourth “once in a lifetime”.
It was a classic thousands of answers to these outstanding times we have lived in – for almost 20 years. And listen, I get it: My first instinct was to publish a screenshot of the S&P 500 that released six percent to my Instagram story with an acoustic cover of “There She Goes” playing over it. When it was reported that JP Morgan Chase had raised its probability of a global recession to 60 percentMy husband and I showed some music and danced it in our living room.
Of course, as someone who went into the labor force during the great recession, I know how this plays, and it is definitely not fun.
This specific phenomenon seems to be a management mechanism that our generation has developed as a result of our collective trauma. Why face the threat of another recession At all when you can remove from it-or even take it up?
Of course, as someone who went into the labor force during the great recession – and had to scrape past as a temp for ten months before I landed a job with benefits – I know how this plays, and it is definitely not fun.
The worst case, the market crashes and companies respond as they did when I was new from college: by carry out mass settlements and Implementation of employment freezing. Those who are laid -offs will go with federal employees in floods An already challenging labor market. Job posts that received hundreds of applications suddenly receive thousands.
At the same time, the American people will learn too late that it can take yearnot weeks or months, to build manufacturing facilities and processes on American soil, and that some raw materials simply cannot be collected in the United States, which also affects companies whose products are “American manufactured.” As a result, President Trump’s customs will create an outstanding cost of living, such as companies importing goods or materials transfer these costs to the consumer. Some small companies simply will not survive it.
For those who are lucky enough to be employed, Wages will stagnate. Young people will do that move back with their parentsJust to be mocked by older generations whose ruthless voting and leadership created an environment where they cannot afford to live on their own.
It’s a dark picture, right? I do not enjoy printing the thoughts that swirled in my head as my husband and I danced Carefree in our living room, as if the world was actually not about to collapse around us again.
I wish there were some viewing advice that I could give younger generations that may be experiencing this for the first time. If I am honest, there is not – but I can say that you, in the middle of this mess, find a sense of community among them in your generation that you did not expect. The type that will keep you going after you hit the rock bottom. It will always keep the same nail as you do. And it will laugh with you for 20 years from now, even when you know you shouldn’t.
