In reality, Young people are not taking more risks. They are simply refusing to pay for the illusion of safety.
Why would you sacrifice your best years for a corporate job if that job is not likely to be there in five — let alone ten — years? Why put your money on safe assets when they are guaranteed to diminish your purchasing power? Why would you trust the government to catch you if you fall when they can’t fulfil basic functions regardless?
Interesting thoughts. Source