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In Debt We Trust: How Did We Get Into This Mess?

submitted by winkler1

1 decade 6 years 7 months ago

This hard-hitting documentary investigates why so many Americans - college and high school students in particular - are being strangled by debt. Zeroing in on how the mall has replaced the factory as America's dominant economic engine, Emmy Award-winning former ABC News and CNN producer Danny Schechter shows how college students are being forces to pay higher interest on loans while graduating, on average, with more than $20,000 in consumer debt. The film empowers as it enrages, delivering an accessible and fascinating introduction to what former Reagan advisor Kevin Phillips has called "the debt-and-credit industrial complex."