Comment Re:This is not new. (Score 1) 198
I don't really buy into all the "OMG wage-slave conspiracy Rothschilds eleventyOne" shit, but this - the absence of basic financial education, on both sides of the pond - is one of those things that makes me do a double take.
I definitely remember being taught how compound interest works. I must have been younger than 10 - I remember the teacher and I changed schools at 11. It was in a separate subject he called "practical maths".
All those Xs and Vs and Ms were a right bugger.