”Children will become poorer” - Pessimism among parents accelerating worldwide - Korean media

Anxiety about the future economic situation is spreading around the world, with more than half of respondents worldwide predicting a more pessimistic financial situation for their children than they do now.
The percentage of people who answered negatively to the question was higher than the global average.
According to the poll, 57% of respondents predicted that their children's generation will be poorer economically than their parents' generation. Such pessimism was particularly pronounced in developed countries.
The country with the highest proportion of people who thought their children would be poorer than their parents was France (81%).
Europe and the US were followed by Australia at 79% and Canada at 79% and Australia at 79%. Pessimism was also prevalent among G7 member states, including Canada (78%), Japan (77%) and the United States (74%), followed by Spain (75%) and Greece (7
European countries such as the United States and Canada also predicted that the future economic situation would worsen. In South Korea, 66% of respondents said they expected future generations to be economically poorer, compared with 69% in the Netherlands and Turkey (66%).
%) and South Africa (65%). Optimism was more prevalent in some countries, too: in India, 75% said their children's generation would be better off than their parents.
This was followed by Bangladesh (73%), Indonesia (71%) and the Philippines (70%). In South Korea, views on economic inequality also differed greatly depending on ideological leanings.
Among those who identify as left-leaning, 66% see inequality between the rich and the poor as a "very big problem", compared with just 31% of those who identify as right-leaning.
The Pew Research Center, which conducted the survey, said, "Economic pessimism is on the rise compared to before the COVID-19 pandemic."
"In 15 of the 31 countries, the proportion of people who said 'their children's generation will be worse off financially than their parents' generation' increased compared to pre-pandemic surveys," the analysis said.