If we don't become financially literate, every time we see a financial institution, regulated or not, in trouble we will be in a panic state. At this point, financial literacy means understanding that we need to protect our own money. No one will do it for us. The banks are going to get bailed out. They always do. And one party will blame the one before them for the trouble. Financial literacy is part of personal responsibility.
!ALIVE
!BBH
!CTP
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