Quote:Which is the greedy generation?
You may find that, ain't necessarily so?
It may be case that this is becoming the more responsible generation.
More than a few years ago, I was harping on about the Chinese "junk boats" swarming our ports.
The value then seemed too good to pass up and people were buying incessantly. Until, that is, the junk was realised to be more of a hindrance than anything else.
Now there are second thoughts before buying another TV, blue ray player, coffee maker..etc.
The enviromentally responsible might see the junk items as a needless addition to global warming, others may now see them as just another future item to be dumped on the doorstep of the Salvos to avoid the ever escalating tip fees.
Whatever the case, the natural progression is a consumer demand to condense items and to buy less, less often than we have been.
I don't see this as a bad thing at all, but obviously the economy will "suffer", for want of a better word.
For mine, there's no other option than for governments to do what any normal person is expected to do and to budget within their means.
If this causes a further downturn, then that's the way it is. There should be more gains to come in various other areas of efficiency to help offset this, but hopefully the days of hypnotic consumerism are coming to end and simplification becomes the order of the day.i
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