MWP2 Thesis

Financial instability may sound like an age old problem that is easily solved; but the extreme difficulty in creating financial prosperity and stability remains elusive. Too many people are worried about themselves and their debt instead of focusing on the companies that put them into debt. Banks and credit card companies should not be allowed to hike interest rates so high that it literally suffocates any individual using loans or credit cards to pay bills. Even in our financial recession, the interest rates on loans and credit cards are at an all time high, thus making it nearly impossible for a struggling population to repay their debts.