it would be difficult for an individual in Switzerland to get into the sort of a debt a naive American can. You can't entirely blame the people, the government rules allow cheap financing of everything with virtually little ot back it up. Americans have also been told that government regulations are bad for you and thus our corporate chieftains and government officials have colluded to eliminate such things as they wanted go grow profits and the get elected by people who are happy that they can spend themselve silly without some silly governmental rules in the way.