>>They may be capable of such intellectual endeavor, but the mere existence of such massive debt shows the sellers of debt know well enough where the switch lies to turn that thinking off.
>>
>>I see that you also have a very low opinion of people. This ranks right up there with "See what you made me do?" Personally, I think that I am in control of my actions and I am not that different from most people.
>
>Getting in debt, allowing to be fooled by sleazy debt sellers, spending on rubbish (and I've seen it all over the years) doesn't really boost my confidence in common sense.

Perhaps you will be surprized what happens if the $hit hits the fan -
spending even on rubbish might not be a decision compared to have funds confiscated directly,
through non-BuSab controlled law efficiency
(see europe turn over quickly from never bailing out countries,
watch the glory of those really non-politic central banks)
broadening the tax base to those still having any kind of funds/capital/nest egg.

Reading up on the things happening to those hoping to ride by investing smartly in the last german
crisises (yepp we had a few monetary hickups last century) sure made me wonder.

Common sense might not shelter you from the backlash of the debt problems.

regards

thomas