Blame the polticians all you want (and I do too), but for decades now people have been trained to be stupid and not held accountable for their actions.
You are 100% correct. However, this whole thing was enabled and encouraged by the Fed, USG both sides and pushed by the bought and paid for media.
I’m all for personal responsibility but when you have every institution pushing irresponsibility it’s time to say enough.
Heck, I’d like to see the statistics on the people walking away. What percent are truly the ones who could not afford and should not have bought and who are the ones that are being personally responsible by walking away from a bad deal. I’d bet there are more of the latter I know two personally.
My point being. The whole thing was pumped up by all the supposedly responsible institutions and pushed people into bad deals. So lets not assign but a small portion of the blame to minute fraction of people that really could not afford what they were buying. The vast majority of our anger should be directed at the leadership or lack there of.
When you have a countries financial institutions run by grifters what do you expect to happen? Who is in charge the banks or the politicians?