We often come back to education, the educational aspect. Unavoidably, we have to go there. This aspect has to do with individuals.
However, let me come back to the credit issuers. Money is lent out very easily, with very little study of each case. People end up with loans that are much too large and they cannot afford to make the repayments.
I imagine that at the places where you worked, many young people had credit. Certainly, if a young person 25 years of age can get $5,000, $10,000 or $15,000's worth of credit —because we do see 25-year-olds with credit margins of $15,000 in our offices—...a young person like this sees that it is possible to spend the entire sum in one month. He does not see the impact of the coming repayments. Therefore, this is an issue of consumer education.
We also need to set limits on credit issuers when they issue loans. When a consumer can no longer make the repayments, we must not let the credit issuer just wash his hands of the matter. In my opinion, the accountability is shared by everyone.