Story perspectives

Young Voters Rebel Against Greedflation and Housing Crisis

11/22/2025

Summary

Story summary

Albert Edwards, a strategist at Société Générale, cites Zohran Mamdani's victory as backlash against greedflation.
He criticizes corporate profit margins amid inflation, attributing them to government stimulus that enabled corporate excess.
Edwards warns of a coming reckoning if the government does not intervene.
He notes intergenerational strife as young Americans feel shut out from housing, with first-time buyers averaging 40 years old, and says this discontent drives political change.

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Story summary

Albert Edwards, a strategist at Société Générale, cites Zohran Mamdani's victory as backlash against greedflation.
He criticizes corporate profit margins amid inflation, attributing them to government stimulus that enabled corporate excess.
Edwards warns of a coming reckoning if the government does not intervene.
He notes intergenerational strife as young Americans feel shut out from housing, with first-time buyers averaging 40 years old, and says this discontent drives political change.