Don't see why it was such a shocker in the first place.
For ones incorrectly done sure, but people whining about it when they don't pay bills? No that's the entire point. Don't care if you've lost your job, get another one work at McDonald's/use one of the many avenues available to unemployed people.
Sure the job market is shocking but that's why you also have a 6 month emergency fund preferably more put away that you never touch, for well emergencies.
Don't understand how people can't save money it really boggles my mind. On the energy side of things my monthly payments are around £50 even during the winter not even trying to save money. It's fairly self explanatory to cut costs energy wise and I work from home full time so I'm using more power than usual still around the £50 mark, during winter sometimes gets close to £60.
Lets not pretend the majority of the debt is from people who through no fault of their own can't pay bills. I just don't believe it, most debt I see is self inflicted. Most people I've talked to at work and the like who are skint put themselves in that spot to begin with with debt and just buying buying buying and are so deep in the hole that after bills they are skint with interest stacking from multiple cards and constant spending with a never ending loop.
Some of the crap I've seen makes my blood boil with the immaturity.
You don't get to have holidays, designer clothes, eating out, buying tat boo hoo....save money.
This whole debt thing is just going to happen again and again
Worked at one of the big energy company for the majority of my 20s and always had people calling about debt issues and rarely came across one that wasn't their own fault for having no planning skills for tough times. Had to do assessments many times to evaluate people's spending and affordability and the stuff that came to light when probing was wild for most of them. There certainly was ones where there just wasn't anything to do (mostly elderly) but it wasn't the norm.
Also going to sound bad but it is what it is.
Stop. Having. Kids, until you're financially responsible and have plans for hard times hitting you, but people won't stop going at it like rabbits, the majority from a certain part of society.
Idiocracy is a documentary.