By John Pisanchik

There is a financial catastrophe looming in our country, and its not what you think.

It is not the collapsed real estate market! It is not employment! It is not the evaporation of Wall Street Firms! It’s not the impact of our banks or insurance companies! It’s not the toxic assets! All these are symptomatic of the real problem – Financial Literacy. The younger people of our country are getting into debt at an fantastic rate. Bankruptcies are becoming more the norm. There is such a small percentage of students learning about finance, money and management, that the fix to our economy is not near at hand. If you truly want to fix the economy, our young people must be educated on the ways of money, finance and capitalism.

Filed under: Money and Banking

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