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Sarthak Gupta

Founder of Emiture, ... • 1y

India's Youth: A Call to Responsibility and Growth 🇮🇳✨ India's youth have the potential to drive the nation's future, but current lifestyle choices are concerning. Let's address these trends and encourage more responsible behaviors. The Consumerism Trap 👗🚗 Young Indians are drawn to consumerism, focusing on branded clothes and luxury cars, leading to debt and financial instability. The YOLO Mentality 🤟 The "You Only Live Once" mindset prioritizes short-term enjoyment over long-term financial health, leading to vulnerability. Inflation 📈⚠️ Rising inflation erodes purchasing power, highlighting the need for long-term financial planning. Job Insecurity 🏢🔄 Frequent layoffs force many young professionals into low-paying jobs, limiting their potential. Reluctance to Start Startups 🚀💡 Fear of failure and inadequate support systems discourage entrepreneurship, hampering innovation. Social Media Addiction 📱🕒 Excessive social media use reduces productivity and fosters unhealth

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Sajin
•

Foundation • 1y

Fast moving Consumerism will favor capitalism. Opportunities will increase. This will create more job opportunities, and innovations. There will be a boost in economic growth. As demand for luxury increases, price will increase as well leading to inflation. This can also showcase higher purchasing power. Also the youth is very conscious about financial investments, being less risk averse, and disciplined with long term investments. Hence there is an influence from various factors, and we might have to look into multiple variables instead of looking into inflation based on one key point, consumerism to get a bigger picture

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