"We live in a culture of credit. As wages have stagnated over the past few decades, we've seen a dramatic surge in private borrowing across the western world, with increasing numbers of households sucked into a hopeless vortex of spiralling debt fuelled by exploitative lending. …
"We live in a culture of credit. As wages have stagnated over the past few decades, we've seen a dramatic surge in private borrowing across the western world, with increasing numbers of households sucked into a hopeless vortex of spiralling debt fuelled by exploitative lending. …
"Before most people had heard of subprime mortgages - before Washington had shown any concern or Wall Street had seen anything but a new source of huge profits - there was a debt crisis brewing in this country." "With boundless expressions of faith in the private sector and endl…
"Before most people had heard of subprime mortgages - before Washington had shown any concern or Wall Street had seen anything but a new source of huge profits - there was a debt crisis brewing in this country." "With boundless expressions of faith in the private sector and endl…