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Parents Across The Developed World Say Their Kids Are Screwed

Jun 11, 2014, 03:55 IST

Parents in developed markets overwhelmingly believe their children will be worse off financially than they were, according to a recent chart from Citi.

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France is the gloomiest by a wide margin, with 90% of adults saying their children will face greater hardships than they did. Israel and Australia were the least pessimistic. In the U.S., 62% said their children's fortunes will have deteriorated.

Fewer emerging market parents are as glum about their kids' future - though here the lowest "worse off" ratings are in places, like China and Russia, that barely made it out of the 20th century alive.

CIti

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