The reason why we are in such a serious mess is because of the...

  1. 124 Posts.
    The reason why we are in such a serious mess is because of the free money given to home owners in the US to live the "American Dream" several years back. Now Krudd is following the same road by giving more free money to first home buyers who couldn't afford before and worst, increasing their reproductive cravings by giving free money for having more kids. As times are not already bad enough, more people are being lured into the housing bubble (crazy property prices)and hence more debt when every other countries are trying desperately to de-leverage their citizens.
 
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