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Is the Next Housing Bubble About to Burst?

The 2007-2010 housing crisis was caused by large banks selling tranches of subprime mortgages, many of which were–in a move that can be described at best as morally ambivalent–rated AAA by Standard and Poor's. These loans, given to buyers with startlingly bad credit, were gradually defaulted on, causing a major financial crash. Now, ten years later, there's cause for concern once again.

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The Real Reason Millennials Get a Bad Rap

Even though some Millennials are almost forty, people are still bashing them.

Last year the New York Post ran an article about Millennials making up the largest portion of the American workforce, ignoring a glaringly obvious point: of course 22-37 year olds are the largest portion of the labor market; they're adults. In an effort to make a distinctly un-newsworthy article newsworthy, the Post settled on an old trope, pick on the Millennials. For its part, this article wasn't as bad as most. The author refrained from using words like "entitled" and "coddled" and "irresponsible," but there's still a certain connotation attached to the term Millennial, particularly in the way it pertains to work ethic and maturity. Repudiating a stereotype often doesn't have the desired effect; in fact, it has a tendency of validating the stereotyper.* That said, my editor's asked me to dissect the maelstrom of insults and unfair generalizations that surround my generation, so here it goes.

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