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"our economy is teetering because people can’t hack the math needed to understand how big a loan they can afford"

That is not so much caused by a lack of math as it is a surplus of delusional optimism. No amount of math will ever beat that. Not only is it a bad example, I can't think of any better examples, and apparently neither can the author.

It may be that my utter incompetence in math makes me less than objective, but I fail to see any convincing argument in the entire article.



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