Unfortunately in developing nations like India, a reverse trend has just begun growing exponentially[1] as the youth becomes victim to consumerism. The older g

Unfortunately in developing nations like India, a reverse trend has just begun growing exponentially[1] as the youth becomes victim to consumerism. The older generation would use day to day items (pots, pans, glasses, radios, TV sets, vehicles, even clothes) for what would feel like an eternity, repair till they wanted a well deserved upgrade and even then would either sell or donate the same. Now I hear young people boast about how they upgrade their iPhones every year (or their cars every 3 years) and don't even sell the previous one because there's no point in getting $300 for it :( While not everyone can afford to do that, but it does make it aspirational (in the minds of those vulnerable to herd mentality) to be a wasteful consumer h*e, smh. [1] This mass cultural and spending to saving ratio shift is in the best interest of the government, who wants our economy to grow—at any cost.