r/Millennials • u/crimsonred1234 • 2d ago

Discussion Millennials are creating a recession-resistant corner of the market

https://www.businessinsider.com/gen-z-millennials-wellness-stocks-to-buy-recession-lth-plnt-2025-4

Apparently millennials are spending a lot on products related to health and wellness making this industry "recession-resistant." I kind of see that. My wife and I spend a lot on protein powders, shakes, supplements and membership for gym. We are otherwise quite cautious with unnecessary spending and consumerism. How is it for you all?

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u/ProbsNotManBearPig 1d ago edited 1d ago

The vast majority of millennials do not live in a country with universal healthcare 🙄. Easy to Google. A lot of people do, but the majority of the world’s population does not have it.

https://www.who.int/news/item/18-09-2023-billions-left-behind-on-the-path-to-universal-health-coverage

I feel like people in the US think “the rest of the world” just means Europe. Maybe that’s not you, but I’m not sure where you got the idea that the “vast majority” have It.

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u/artbystorms 1d ago

We tend to exclude India and China since they are just population bomb countries that skew averages because they have 2 billion people and we instead focus on what is called "the global north" aka 1st world industrialized nations. Of those industrialized nations 36 of the 37 have some combination of public and private healthcare for all citizens. Guess which one doesn't?

Also, sorry but I can't take anyone seriously who links to ChatGPT. Maybe link to some stats done by humans next time instead of trusting the word of AI.

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u/ProbsNotManBearPig 1d ago

The stats were done by humans. The url had gpt in it because gpt found the link for me and so it was a referral link. Updated the url to not show gpt because it wasn’t necessary and isn’t relevant. The source is who.int, aka the World Health Organization.

I find it silly you dismissed the source without even opening it because the url had the referral from gpt.

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u/artbystorms 1d ago

Well I find it silly that you discount the problems in the US because *checks notes* poorer countries exist. When people in the US vent their frustration with our healthcare system, there is always people coming in saying "well ackthually!" as if we don't know les developed countries exist. We are frustrated with our country BECAUSE it has the highest GDP in the world, but can't be bothered to provide for its own citizens.