Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
good point with the financial education, however I think that at least some sense would return to some people. Furthermore, no one could say that they didn't understand what they were doing! Not with buying a house anyway, really complicated structered products is another issue...

with the shovel and excavator example I assume you want to address the issue of interest? While that is indeed something that needs to be considered from an economic perspective, my point was purely from a moral perspective: you burrow something, you have to give it back. That simple...

by crankykarsten (cranky (where?) gmx dot organisation) on Wed Aug 25th, 2010 at 04:10:20 AM EST
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