Five years after the Great Undoing of 2008, the world slowly glues together a fractured economic future.
By DAVE HELLING
The Kansas City Star
The collapse and recession caused by misadventure, misjudgment, malfeasance touched every American life, changed innumerable paths, challenged so many beliefs. Every plate was cracked.
But the shattering hit particularly hard for those struggling to launch their careers, as well as for those trying to wrap things up, forced at that final stage to remake their finances from the wreckage.
Now, in the scramble to reorient themselves to a more frugal economy, different generations emerge to find themselves in similarly battered circumstances.
Older baby boomers lost jobs and wealth. Twenty-something millennials saw independent adulthood delayed, or crippled by debt and detoured careers.
Certainly those in the middle members of mis-maligned Generation X also felt the sting. But at least they had time to gain a foothold in the workplace before the crash, and time enough after to rebuild for retirement.
Boomers and millennials, meanwhile, are slowly mending their finances and careers, and many see reasons for hope. But they also know their lives were changed forever by the largest economic crisis since the Great Depression.