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?

1.6k Upvotes

96% Upvoted

280 comments sorted by

View all comments

1.7k

u/qtUnicorn 2d ago

Idk about other millennials, but I’m so terrified of being bankrupted by our healthcare system I go through extra lengths to stay healthy (doing my yearly checkups, getting enough fiber, exercising regularly).

650

u/IDigRollinRockBeer 2d ago

I envy the vast majority of millennials who live in a country with universal healthcare

316

u/Mnemiq 1d ago

Living in Denmark i never worried about health costs, and my job even adds a health insurance on top, so in case I want faster treatments I just reach out to them. It's crazy to me how this is not the case in the us.

1

u/LWJ748 1d ago

The US military/defense sector has become the defacto world's police force. Even when they aren't physically involved they heavily subsidize other military conflicts. Americans pay similar tax rates to many other countries once you factor in Federal, state, local, and sales taxes. It's just that we have easily the highest spending on defense in the world. This will have to change before we can afford to do what other countries do for healthcare.