Food for thought to be sure. We definately need to take responsibility for our own decisions as it relates to debt etc. All the marketing we faced to say it was OK to have it all now and pay later, all the institutions making it easy for us to live a life on credit, were all preying on the public from a position of greed. It made it way too easy for many to fall into the have it all trap, but you're right - time to face it. Incidently, I think 'we' will all be better off for learning this lesson now, many will have time to recover. As long as we remember it for the long haul.