The document discusses the causes of economic crises and issues with excessive spending, credit, and debt. It mentions keeping up with others financially, taking on too much credit card and loan debt, using housing as an ATM, and not being able to afford promised luxuries. The recession is looming as people are stuck with loans and companies are laying people off again. The suggested economic solution is to stop comparing yourself financially to others.

1. the cause of economic crisis Wake up people.

2. Catching up with the Joneses Buy? Good buy? Goodbye.

3. The wedding of the year? Savings Credit Cards No problem.

4. “ This is definitely bigger than theirs!” Have funds for this? There is incentive shares .

5. All household should have one. It’s in. Reached the credit limit ? Sign up for a credit card balance transfer .

6. A dream holiday we promised ourselves. How can I tell them that we can’t afford it . Mortgage the house. Let’s join them for that cruise!

7. Her friends will be there. You won’t disappoint her, would you? Draw on pension partially. It’s in the current scheme rules . The best university in that country .

8. Get her a supplementary credit card for her school expenditure . The exchange rate is rather high now for remittance .

9. Oh My God! The insurance don’t cover this.

10. The company is retrenching again? I AM STUCK with loans Where can I go? Recession is looming .

11. What’s the economic solution? Stop catching up with the Joneses. They are as broke as you are.