Britain's personal bankruptcy rates are, it seems, going through the proverbial roof.

On the one hand, perhaps we should sympathise with those burdened by unmanageable debts, and shake an angry fist at the system that put them in such a mess in the first place. Circumstances, after all, change. We can't all be prescient enough to forsee the unprobable.

On the other hand, I'm tempted to ask myself how the debts accrued in most of these cases. What the hell were you thinking taking out more money to cover the cost of your repayments that you couldn't afford?

Of course, options exist for the insolvent. Debt consolidation and management is big business in a country littered with financial illiterates. The BBC have an article from someone going down that route. Reading this, I sympathise that circumstances went against him. I don't sympathise that he didn't act to resolve the situation before he built up a �37,000 debt mountain.

But what really gets on my nerves is the way that, after finally getting off his arse to manage his debts, he has the fucking gall to criticise the company that rode to his rescue, because the repayments didn't leave him with enough cash for him to splash out on Christmas presents for his kids.

It's like he doesn't understand. He owed money. And we're not talking frivolous debts like the kind someone might get from excessive gambling, it's about buying products, and consuming resources as a member of the economy. He then believes that after building up debts of �37,000, this money should not be owed in its entirety and paid as soon as possible. Why does he think they're so desperate to get their money? Doesn't he realise that it devalues over time? The opportunity cost of debts for a company?

These phrases probably mean absolutely nothing to this witless buffoon. Which is why he's been financially fucked up rear entrance, and I haven't.

Retard.

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