Comment by myflash13

> It doesn’t mean the end of a society, neces­sarily. Rather, it marks a point after which quality of life tends to get ever worse for ever more people.

I feel like this has already happened, in my social circles, in the West. I don’t know anyone from my generation who are better off than their parents at the same age, except for a few who moved out of the West (to Dubai for example).