End of The Good Life: How the Financial Crisis Threatens a Lost Generation--and What We Can Do About It

(Paperback)

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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.

Reviews

"Froymovich debuts with an impressive presentation... A forcefully written treatment of the plight in which an increasing number of people find themselves." -- Kirkus "...Froymovich gives voice to the frustrations of a generation. ...Most compelling are Froymovich's interviews with a wide range of dispirited young adults that provide a more intimate picture of a generation exploring new paths, developing new opportunities, and reshaping its plans for the future." -- Booklist "Rich with narrative detail from young people around the world struggling to stay afloat... Froymovich lucidly explains how Generation Y suffers from the negative effects of long-term unemployment." -- Publishers Weekly (starred review) "A fascinating, global trip through the daunting numbers and frank stories of the challenges facing young people who want to start a business, make a better living than their parents, or just survive when the financial cards are stacked against them." -- Heidi N. Moore, Finance and Economics Editor, Guardian US "An insightful and astute narrative about the world in which Generation Y is living and what the Millennials (and the rest of us) will need to know about how to be successful now and in creating the future." -- Lucy Marcus, CEO, Marcus Venture Consulting, host of "In the Boardroom with Lucy Marcus" "Riva Froymovich brings a critical question to the forefront: how can we restore an American Dream that is quickly fading for Generation Y Froymovich illustrates the problem in a vivid and personal way and offers bold prescriptions for meeting this daunting challenge." -- Ian Bremmer, President, Eurasia Group and author of Every Nation for Itself

Author Bio

Based in Brussels, Belgium, Riva Froymovich writes about European economics for The Wall Street Journal and Dow Jones Newswires. She has reported on emerging market economies and the foreign exchange market in New York. She has appeared on Fox Business News, BBC, Sky Television, and The Wall Street Journals online video network. Riva is a member of Generation Y.