Actually, to put things into perspective, things like that have been the same for 20 years +, even in America. Nothing has changed. The doomsayers are still saying the same thing, the sky, I mean, the economy is falling tomorrow! Problem is, it is not. It probably never will, no matter what the debt ratio is. What the real problem is, is not what things are for you now, but how they are when you retire. Those that save properly - that is not a simple savings acount but instead who invest, will retire rich and without worry from a money perspective. Those that fall into the evils of credit, well, nice knowing ya, but I think you will be living a harsh old age. Don't come looking to me when I have money and you don't because I didn't buy that new Cadillac when i couldn't afford to pay for it cash and instead made some sacrifices here and there.
But like the dumb asses they are, they will say "It's not my fault! The man did it to me!" BS - it is entirely your/their fault. You reap what you sow in this world. Time to pay the piper. That is not to say I won't feel for them for making their poor choices (trust me, I want the 500 HP Cadillac too when I can't afford it), but I will not give them one red cent either.
Just my two cents.
-S
PS. its a harsh world, and no, Socialism won't make it fair either. It will just make it worse.
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