Generation OMG

Despite being born in similar circumstances of economic depression, people who were born in the 1930s and the 1970s can hardly be classified in the same mold. Children born in the 1930s were raised with the belief that as long as they kept to themselves and followed the system, everything would eventually turn out fine. These would later grow up to become more reserved people who tended to stick to convectional approaches when handling a problem. Children born in the 1970s, however, were taught to be more open-minded and adventurous, and to take risks. Thr result was that these people were more ambitious and agressive than their 1930 counterparts. This proves that although living throughout an economic crisis may affect the mindsets of people, it ultimately boils down to the way they are rised.

As to how this article can be applied to the 2009 recession, I believe that it is not very accurate when used to label Singaporean youths. Being a relatively small country with an efficient government, Singapore is as not heavily affected by the recesion as other countries. Not many Singaporeans have been forced to drastically alter their lifestyles and spending habits due to the recession. I myself have never recalled ever consciously making a decision not to splurge due to the economic recession. This may also be because most Singaporeans tend to save enough money to tide through such problems. In short, we are saved by our "kiasu" auttitude. The economic crunch may or may not result in this generation being more thrifty, but the change will not be particuarly noticeable when we look back from 30 years in the future.