While many are concerned with how business owners and government officials will react to the financial crisis, a study done by Viacom International Media Networks shows that its millennials who are feeling the global slump more than ever at this point in time.
According to this study, 68% of kids ages 9-30 from all around the world feel that the global economic troubles will personally effect their lives, whereas 75% of them are convinced that they won’t make as much money as their parents throughout their entire lifetime. Probably the worst conclusion was that 49% believe that the situation will only get more bleak and their chances for success are decreasing each day.
When asked how stressed they were on a day to day basis, however, only 33% replied that they felt a debilitating amount of stress towards the current economy. It seems that millennials have come to accept the world they have inherited and are now devoted to enjoying the time they have by being grateful for everything they have given from their hard working parents and friends.
Bob Bakish, conductor of the study, reported that kids are not as interested in money and cars as they are in making sure that they are making the most out of the companionship in their lives, most of which is due to the fact that the economic crisis has united everybody it has effected through sympathy and preservation.
Bakish is under the impression that millennials are still as upbeat as ever in this pessimistic atmosphere, taking this misfortune as a reason to be grateful for the people around them and the little things that make life special.
Sean Levinson | Elite.