Re: 25 People to Blame for the Financial Crisis
Jan 13, 2010
Every single person who took out a loan knowing that they couldn't realistically afford the repayments is to blame. Yes the banks are the main culprits, but the blame should be shared by all those people who contributed.
It appears nowadays, in our celebrity obsessed, fun to be dumb culture, that living within one's own means is considered backward or shameful. Maybe the next generation will be able to teach us a thing or two about financial responsibility. I hope so, because the last three generations have done nothing but spend.