Paraphrasing: Most people aren't feeling the pain yet, but they will very soon
Translation: we are not at the precipice ... yet
Paraphrasing: Most people aren't feeling the pain yet, but they will very soon
Translation: we are not at the precipice ... yet
It reminds me of the not terribly infrequent - "While you were all paying attention to X, you missed Y." Also dumb and presumptive, but I wouldn't allocate it specifically to the millennials.