At the recent economic crisis on a lack of financial / economic literacy among Americans?
The cause of the subprime crisis is that people took loans who could not afford it. I guess some of these people thought that if they can afford the payments, they will sell right away and get a profit, because housing prices always. While the average U.S. adult to understand the economic forces that their profession? For example, I am currently an engineering student who intends to enter the oil and gas, I know that if gas prices fall, even though renewable energy has become popular, my Employment prospects are bleak. I also understand that the engineer in an oil company is less likely that his job sent overseas as a software engineer (just because it is not cheap, a new refinery built anywhere) is. My parents, on the other two are in the health sector. Their jobs are relatively stable, because most people will regardless of their financial condition in a hospital if they are really sick.