The youth qouted in your link is lamenting that his parent's generation has screwed up his country, Greece, but his complaint could apply to a lot of things happening in the world today.  The way the Greek economic situation plays out could affect the entire Euro zone, because of the way the these countries are tied together by the Euro.

www.nytimes.com/2010/05/02/weekinreview/...

The first domino is Greece. It owes nearly $10 billion to Portuguese  banks, and with Portugal already falling two notches in S. & P.’s  ratings and facing higher borrowing costs, a default by Greece would be a  staggering blow. Portugal, in turn, owes $86 billion to banks in Spain;  Spain’s debt was downgraded one notch last week.

The numbers quickly mount. Ireland is heavily indebted to Germany and  Britain. The exposure of German banks to Spanish debt totals $238  billion, according to the Bank for International Settlements, while  French banks hold another $220 billion. And Italy, whose finances are  perennially shaky, is owed $31 billion by Spain and owes France $511  billion, or nearly 20 percent of the French gross domestic product.

“This is not a bailout of Greece,” said Eric Fine, who manages Van Eck  G-175 Strategies, a hedge fund specializing in currencies and emerging  market debt. “This is a bailout of the euro system.”

Solutions are also not easily forthcoming.  “In the end, we’re all  saying we don’t know how to deal with it,” said Dirk Hoffmann-Becking, a  bank analyst with Alliance Bernstein in London. “We don’t know how  the channels work, or where the problems will pop up next.”

Another area where the world's system of governance is failing is the problem of global warming. This will certainly be recognized as an area where future generations are not being served by the current generation that is in power.