How Gen Z is doomed to own nothing, but pay forever

Video Description

Check out Pair Eyewear here https://paireyewear.yt.link/1zNDS1y and get 15% off your first Pair! Thank you Pair for sponsoring this video! MERCH https://ashley-embers-shop.fourthwall.com/ BONUS CONTENT || Join the community over at my Patreon at https://patreon.com/AshleyEmbers for all behind-the-scenes content! SPOTIFY || https://open.spotify.com/show/7JoJYDwbvKSodEsW28WYDK?si=64d318594fab4b1f Find me on tiktok https://www.tiktok.com/@ashleyembers TIME STAMPS 00:00 - intro 01:59 - the subscription economy 09:22 - Pair Eyewear 11:16 - the ownership facade 21:23 - buy now, pay later 27:42 - the generation of debt 33:46 - a future with no personal wealth 38:57 - final thoughts REFERENCES & RESOURCES The End of Ownership: Personal Property in the Digital Economy - https://amzn.to/3PQEixP The Average Consumer Pays Nearly $1,000 a Year for Subscriptions — What Do You Pay? - https://finance.yahoo.com/news/average-consumer-pays-nearly-1-190009547.html BMW drops plan to charge a monthly fee for heated seats - https://www.theverge.com/2023/9/7/23863258/bmw-cancel-heated-seat-subscription-microtransaction John Deere faces U.S. lawsuit over farmers' ability to repair tractors - https://www.npr.org/2025/01/15/nx-s1-5260895/john-deere-ftc-lawsuit-right-to-repair-tractors The erosion of personal ownership - https://www.vox.com/the-goods/22387601/smart-fridge-car-personal-ownership-internet-things My Printer Is Extorting Me - https://www.theatlantic.com/technology/archive/2023/02/home-printer-digital-rights-management-hp-instant-ink-subscription/672913/ 27 Buy Now, Pay Later Statistics - https://explodingtopics.com/blog/bnpl-stats 2024 Buy Now, Pay Later Trends Study - https://www.fool.com/money/research/buy-now-pay-later-statistics/ The Downsides of Using ‘Buy Now, Pay Later’ - https://www.nytimes.com/2022/12/29/your-money/buy-now-pay-later-loans.html Liberty Street Economics - https://libertystreeteconomics.newyorkfed.org/2023/09/who-uses-buy-now-pay-later/#:~:text=While%20lower%20income%20individuals%20are,more%20likely%20to%20use%20it Millennials had it bad financially, but Gen Z may have it worse - https://www.washingtonpost.com/business/2024/06/22/gen-z-millennials-debt-inflation/ How Does Gen Z Student Debt Compare with Millennials’? - https://www.stlouisfed.org/on-the-economy/2022/aug/how-does-gen-z-student-debt-compare-millennials The cost of living has led us into record debt. What does that mean for Canadians? - https://thehub.ca/2024/01/30/mark-hill-the-cost-of-living-has-led-us-into-record-debt-what-does-that-mean-for-canadians/ The average millennial will spend over $200,000 on rent before buying a house — but Gen Z will spend even more - https://www.businessinsider.com/how-much-millennials-gen-z-renters-spend-expensive-cities-2018-5 The Biggest Wealth Transfer In History is Happening Right Now. Are You Ready? - https://medium.com/@moneytent/the-biggest-wealth-transfer-in-history-is-happening-right-now-are-you-ready-1e7e8c9a7104 The 'wealth transfer' from boomers won't save Gen X and millennials - https://www.nbcnews.com/business/consumer/generational-wealth-transfer-baby-boomers-cant-save-gen-x-millennials-rcna128099 Eat Now, Pay Later: Going Into Debt for Food - https://www.nytimes.com/2022/08/29/dining/buy-now-pay-later-loans-groceries.html?searchResultPosition=1 Pay2Play by Gavin Prophet https://open.spotify.com/track/6wynY1nYFTZMcvpnDGrvd1?si=0162975a3609490a CONTACT ME My name is ashley, if you didn't know ;) https://www.instagram.com/ashley_embers_ Email: [email protected] Business Inquiries: [email protected] #theendofownership #genz #tiktokban ##buynowpaylater #subscriptions #ownnothing #socialmedia #videoessay #motherhoodinprogress