By Selwyn Duke
What many don’t want to mention about our financial crisis is that the greatest culprit is individual irresponsibility. This is because many of us are part of the problem, and we don’t own up to this for two reasons. Most obviously, people don’t like to admit fault. But an even greater factor is that Westerners now have such high expectations for lifestyle, such a feeling of entitlement, that they are usually oblivious to the fact that much of what they demand in life should be considered icing on the cake. Consequently, they live beyond their means when they otherwise would refrain from many purchases unless they could be financed with disposable income. Many confuse wants with needs.





