There are three types of education today. First is academic education, the second is professional education and the third is monetary education.

Before in the industrial age circa 1930s, major industries needed more staff than businessmen, therefore the most wealthy industrialist got over the education ministry and chose to churn out extra employees who merely understand how to look for a work and not get into entrepreneurship. Monetary education was taken out of the normal syllabus.

People did not have to learn how to trade stocks or currencies since they were well paid and businesses could look after them for the rest of their lives. So it wasn’t necessary for schools to teach students how to trade forex because the present syllabus is sufficient for a person to obtain a work.

When the information era came along after world war 2, more and more industries were into competition and to get things worst, large companies got into debt due to poor spending and called for great bailouts from the nation. Once debt is too much to be handled by the government, firms need to lay off their workers to cut down on payroll. Once the country is struck with depression, workers who are retrenched would see it very difficult to look for another job since there are no additional work available in a bad economy. Workers with professional education like accountants and doctors can still form their own consultancy to get through. Only skilled employees could trade their skills for cash. Ordinary office staff with no abilities will simply need to remain out of work until the economy comes back in a few years.

As soon as a country is struck by bad economy, only the ones with good financial education will survive and break free from poverty. A great illustration of good monetary education is having the ability to scalp the foreign exchange market for extra income. To get educated in foreign exchange trading, an individual needs to put in time and cash to learn from triple threat fx review.