Financial journalist Riva Froymovich has good reason to be anxious about the financial turmoil facing Generation Y. This is her generation.
Indeed, Generation Y has suffered the brunt of the financial crisis and great recession. For those in the U.S. born after 1976, the American dream is a is becoming a nightmare. Swamped in student loan debt they're postponing marriage and buying homes, unable to save money, and delaying having children.
The End of the Good Life: How the Financial Crisis Threatens a Lost Generation--and What We Can Do About It examines short-sighted government policies and initiatives that will wreak havoc on our youth. In addition to offering concrete policy suggestions, this book is driven by the touching personal stories of Americans and other young people around the globe affected by the financial crisis.
Riva Froymovich has covered the euro-zone in the throes of collapse, the U.S. dollar's historic decline during the Great Recession, the rapid rise of emerging economies, central banks as they faced their biggest challenge since the Great Depression, and politicians' attempt to cobble together financial regulation. She has experience reporting in print and on camera for the Wall Street Journal and Dow Jones Newswires, among other outlets. Riva is a member of Generation Y.