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Meet the typical 40-year-old millennial, who has $128,000 in debt, is not nearly as wealthy as their parents were, and is known as geriatric

MoMo Productions/Getty Images When the 2007 financial crisis began, the 40-year-old millennial was 26, an age at which most of the generation hadn t yet accumulated substantial wealth. It s this cohort that bore the true brunt of the financial crisis,which left lingering effects a dozen years later when the coronavirus recession rolled around. From the very beginning of their careers, they entered a dismal labor market that set them up for a long recovery. Millennials have lifelong damage, given the severity of the Great Recession, Mark Muro, a senior fellow and policy director at the Brookings Institution, previously told Insider, adding that older millennials were squarely hammered.

Britney Spears former manager Sam Lutfi says the singer s parents have ruined both our lives

Britney Spears former manager Sam Lutfi says the singer s parents have ruined both our lives INSIDER 4 hrs ago insider@insider.com (Debanjali Bose) © Chris Wolf/FilmMagic/Getty Images Sam Lutfi with Britney Spears in 2007, a year before her conservatorship was put in place. Chris Wolf/FilmMagic/Getty Images Britney Spears ex-manager Sam Lutfi told Insider via DM her conservators ruined both our lives. Lutfi was once in Spears inner circle but she has since gotten two restraining orders against him. Spears parents have said Lutfi is responsible for Spears 2008 mental health crises. Britney Spears estranged former manager Sam Lutfi said her family and those behind the pop star s conservatorship have ruined both our lives these past 13 years.

Britney Spears former manager Sam Lutfi says the singer s parents have ruined both our lives

Britney Spears former manager Sam Lutfi says the singer s parents have ruined both our lives
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

Britney Spears former manager Sam Lutfi says the singer s parents have ruined both our lives

Britney Spears former manager Sam Lutfi says the singer s parents have ruined both our lives
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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