"The governments of the world will have to step in." No, they won't. It's irresponsible to think the government is going to bail you out of some predicament. It's not stupid or foolish to be caught in some financial trap, but it should not happen twice and it should not happen to those you care about in latter years. Financial literacy is a precious skill, and one that we should all work on constantly.

I don't mean for that to seem harsh, but it's just wrong to expect government help all the time. Especially for a readership on Hacker News, we should be pitching financial literacy.