A recent study reveals that people around the world are generally pessimistic about the future economic situation. The Pew Research Center conducted a survey in 36 countries, asking respondents whether they think their children will be better or worse off than themselves.

A median of 57 percent of adults across the countries polled believe the next generation will face financial hardship. This pessimism is particularly strong in wealthier nations, with 81 percent of French respondents predicting that their children will be worse off, followed closely by 79 percent in both the UK and Italy.

Canadians, Japanese and Americans share similar views, with 78 percent, 77 percent and 74 percent expressing a gloomy outlook, respectively.

In South Korea, 66 percent expect their children to struggle economically, a view shared by 69 percent in the Netherlands and 66 percent in South Africa.