There is an attempt in the US for there to be more education on financial matters. eg Shiller. In our society there is little attempt made to educate. More people should be educated if only in what is a speculation, and what are the risks. Depending on a financial advisor to get you into something is not the "full bottle".
There's a lot needed to be done in this area, otherwise we will have more as the economies move back into speculation phase. Why, well the same guys are in control and they are men made for speculation. They are not going to sit and look for steady profits
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a sad story of aust capital reserve collapse, page-6
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