This line is way off.
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The study cited evidence that victims of recession in their early twenties suffer lifetime damage and lose faith in public institutions.
I don't see getting a wake up call when your still young enough to recover to be a lifetime of damage. And loss of faith in public institutions can only be a good thing.

"State a moral case to a ploughman & a professor. The former will decide it as well, & often better than the latter,
because he has not been led astray by artificial rules."