In Debt We Trust: America Before the Bubble Bursts (2007)
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Emmy-winning journalist Danny Schechter investigates America's mounting debt crisis in this latest hard-hitting expose. The film reveals the unknown cabal of credit card companies, lobbyists, media conglomerates and the Bush administration itself who have colluded to deregulate the lending industry, ensuring that a culture of credit dependency can flourish. Schechter exposes the hidden financial and political complex that allows the lowest wage earners to indebt themselves so heavily that even house repossessions are commonplace.
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Emmy-winning journalist Danny Schechter investigates America's mounting debt crisis in this latest hard-hitting expose. The film reveals the unknown cabal of credit card companies, lobbyists, media conglomerates and the Bush administration itself who have colluded to deregulate the lending industry, ensuring that a culture of credit dependency can flourish. Schechter exposes the hidden financial and political complex that allows the lowest wage earners to indebt themselves so heavily that even house repossessions are commonplace.