Tree Spud - I'm well aware we have chemical and biological weapons. But the U.S. isn't going to unleash them as a means to overtake another country. Let's not compare apples to oranges. Russia, China and N. Korea are aggressive in their intentions to annex neighboring countries, and threaten close neighbors verbally and with military deployments. (N. Korea threatening S. Korea & Japan). The U.S. doesn't threaten our neighbors or other countries with missiles or biological weapons because we want to annex them or take them over.
And as for the "useless" millennial class - My sons are college educated and make really great money. All of our neighbors' kids are college educated and all have really good careers making good money - and I'm not talking $40,000 $50,000, or $60,000 per year either. Considerably more than that. Many folks in this country are pissed off at younger people that have better educations and have much better futures than they do. Many of those that tag the millennials as lazy only finished high school and barely did that by the skin of their teeth. (I'm not addressing you specifically, Tree Spud). They have "go nowhere" jobs and struggle with financial security because they "slacked" while in high school themselves. Many never went to college either. Just look at the spelling, grammar, punctuation, and sentence structures of what many people put out on the internet. They make fun of millennials as lazy, etc., but can't communicate well at all themselves. I listen to people on TV who are ranting and foaming at the mouth with anger and they sound as if they didn't get past 4th grade English when they talk. But their rant is that others are "elites" and somehow they - those ranting & raging - are being "stiffed" out of a great living and a great future. Who do they think they're kidding???
I'll make no apologies for my millennial sons. They studied hard, worked hard, applied themselves, and use the biggest, best tools any of us have - their brains.
As for our 401-k's ……....... almost all the money we made was by investments in the U.S. and European countries because they are much more stable economies than Asian countries. I follow investing like a magnet. Are YOU even aware that the Asian markets have not done well for the past 8 to 10 years?? Mutual funds invested broadly there have NOT done well. We don't invest in individual stocks. That's too risky, and it requires more time and effort than we're willing to put in at this point in our lives. We're focusing on enjoying the fruits of our labors and investment planning - not sweating in front of a computer screen worrying about every market move!!