[taxcontrol]

Every generation has to learn the lesson that there is no such thing as "easy money"

In addition to the negative reactions in financial markets, many Americans have taken on too much personal debt owing to exotic mortgage products and artificially low interest rates.

No ... the reason people have too much personal debt has to do with ignorance of finances and lack of self control.

[wolfcreek]

“No ... the reason people have too much personal debt has to do with ignorance of finances and lack of self control.”

Yeah, life to some is just one big payday advance after another.