dynasty trust

We too often believe our crashed economy was ‘sparked by unbridled binging on cheap money by a very large part of the American population’.

No, everybody was not doing it. Only enough people more than a few, and from there the whole thing was whipped up by the media and encouraged by the credit industry and Greenspan himself. Otherwise most people wouldn’t even know you can do such a thing, never mind get the idea of doing it themselves.