The average person in this industry makes good money, and should have the ability to save and invest some of their income.
Real estate is too expensive, interest rates on cash are too low and VCs have a monopoly on the startup space and the media.
The most rational option seems to be to invest in stocks... To fuel corporations which inflate real estate prices by forcing their employees to relocate to major urban centers. The same corporations which are responsible for the low interest rate environment (through their lobbying and corruption of government agencies). The same corporations which are responsible for monopolizing the startup space by only funding and acquiring incubator and VC-backed startups.
So yeah there aren't many ethical options. That's why I invest in cryptocurrency. I'd rather risk losing all the money than fund my own (and everyone else's) enslavement.
I wonder if there will be a trend towards bootstrapping?
Not rare at all, 1 in 5 Americans is being pursued by collection agencies for being unable to pay medical bills.
You know what they say about lies and statistics... In all seriousness, even if this dubious statistic is true, most of those are not due to terminal or debilitating illnesses. "Unable to pay medical bills" can be for a variety of reasons, ranging from the obvious (not having the money), to confusion, to billing errors or insurance problems.