Bank of Mom and Dad Shuts Amid White-Collar Struggle

Life stories of the developing new norm within the third great Depression. The stories reflect the inevitable and lasting "change" that cannot be achieved through stimulus and devaluation.

In the long run, the drop in parental aid could make young adults a more financially resilient generation, like children of the Great Depression. But for now, economists worry that without parental cash, young adults may put off entering the housing market, settling into career paths and having families.

Source: online.wsj.com