Report: Consumers To Blame For Financial Crisis

January 22, 2010 · Posted in Debt News · Comment 

A new report released from the Mckinsey Global Institute says consumers are to blame for the global financial meltdown of 2008.  The Mckinsey report blames middle-class consumers… Americans, Britons, Canadians, and others for purchasing more home than they could afford. The International banking Community and Wall Street have been looking for a way to deflect [...]