In Debt We Trust
English | 1:29:19 | 608 x 336 | Data Rate:1069kbps (23fps) | XviD | Audio:123kbps | 700 MB
Genre:Documentary
Just a few decades ago, owing more money than you had in your bank account was the exception, not the rule. Yet, in the last 10 years, consumer debt has doubled and, for the first time, Americans are spending more than they’re saving — or making. This April, award-winning former ABC News and CNN producer Danny Schechter investigates America’s mounting debt crisis in his latest hard-hitting expose, IN DEBT WE TRUST.While many Americans are “maxing out” on credit cards, there is a much deeper story: power is shifting into fewer hands…with frightening consequences. IN DEBT WE TRUST reveals a hitherto unknown cabal of credit card companies, lobbyists, media conglomerates and the Bush administration itself, which has colluded to deregulate the lending industry, ensuring that a culture of credit dependency can flourish.