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Financial Times: Why Millennials Are 'Cringe' But Proud

Published January 28, 2026, 06:13
Financial Times: Why Millennials Are 'Cringe' But Proud

A Financial Times article examines the phenomenon of nostalgia displayed by millennials, describing it as a reaction to social fatigue and loneliness. Although millennial culture is often labeled as 'cringe' by younger generations, the nostalgic attachment to symbols of the past, such as the Backstreet Boys or TV shows like Friends, serves as a mechanism of collective joy and emotional survival. This nostalgia is linked to the era of millennials' adolescence and young adulthood, the late 1990s and early 2000s, a period of relative economic prosperity and cultural optimism. The reality that followed, with economic crisis, pandemic, and social polarization, has created a sense of insecurity and disappointment. The nostalgia industry is booming, with artist tours like Taylor Swift breaking all records and TV shows continuing to attract millions of viewers. Millennials are not trying to deny reality, but to find comfort and joy in memories of a more optimistic era. The article argues that 'millennial cringe' is not an indication of naivety, but a conscious choice of joy in a world that rarely offers it generously. Millennials are 'in on the joke' and refuse to give up the collective euphoria that once shaped them.