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Carrick on money: Skewering the ME ME ME Generation

Group of young adults, Gen Y, on their smartphone.

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The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Skewering the ME ME ME Generation
Generation Y, also known as millenials, is having a tough time in today's world – tuition fees are rising, jobs are scarce and it's expensive to get a foothold in the housing market. Still, Gen Y attracts a lot of criticism from its elders. Example: This new takedown from Time magazine (I can only link you to an introduction because Time's website has gone subscriber only).

The Time article has generated plenty of response from the online community. Here, The Atlantic does something smart – it gathers magazine covers going back 100 years that ask the question: What's wrong with today's youth?

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The Washington Post's Wonkblog disputes the alleged selfishness of Gen Y.

Here's a roundup of the "five best reactions" to the Time article.

A millennial answers back on the HuffPost website.

How global politics influence the markets
The head of Stratfor, a global intelligence firm, walks attendees at a global investing conference through recent political and financial events in North Korea, China, Europe and the United States. A refreshing change from your usual market commentary.

More money
Join the 28,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.

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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998. Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More

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