Whatever happened to the idea that the borrower should make sure that he didnt borrow what he couldnt pay back? Maybe we should go back to debtors prisons? Well perhaps not that far but certainly back to the idea that people accept personal responsibility.
How about people saving up to buy something?
Just look at the size of the UK credit card debt.
That went out the window ages ago which is getting more worrying as you get to the younger end of the working population.
