Household Wealth Optimism Collapses, Global Survey Shows

Household Wealth Optimism Collapses, Global Survey Shows
Workers pass by a sales person as they walk towards the City of London financial district as they cross London Bridge during the morning rush hour in London, Britain, on Sept. 8, 2021. Toby Melville/Reuters
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Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing levels of distrust in institutions among low-income households.

The Edelman Trust Barometer, which for over two decades has polled the attitudes of thousands of people, found that economic pessimism was at its highest in some of the world’s top economies such as the United States, Britain, Germany, and Japan.