☰

Business & Money

Economic Conditions

Maxed Out: Hard Times in the Age of Easy Credit

Sold Out / Out of Stock

Maxed Out: Hard Times in the Age of Easy Credit

In this shocking and illuminating road trip through an America ravaged by debt, award-winning film director James Scurlock examines our multitrillion-dollar addiction to easy credit in all of its absurdities and contradictions.

Maxed Out ventures beyond the mind-numbing statistics to expose a financial industry spinning wildly out of control. From the gilded master-planned communities of Northern Las Vegas to the shotgun shacks of the Deep South, the world's largest financial institutions are trolling for customers, hooking the nouveau riche and the poor alike with promises of cheap and easy credit. Maxed Out exposes how Wall Street and Congress spawned the subprime mortgage crisis and reveals how credit card issuers form multimillion-dollar partnerships with universities -- paying them millions for access to their students' personal information, setting kids up for financial ruin before their first job. The industry's final frontier, "debt buying," is a veritable Wild West in which ambitious young men make quick fortunes off the misery and misfortune of others.

Hilarious, fascinating, and deeply disturbing, Maxed Out is one man's answer to modern America's most pressing question, "Why can't we get out of debt?"
Country USA
Brand SCRIBNER
Manufacturer Scribner
Binding Paperback
ReleaseDate 2007-12-26
UnitCount 1
EANs 9781416532538

You might also like...

Writing Logically Thinking Critically (8th Edition)

Writing Logically Thinking Critically (8th Edition)

Not Buying It: My Year Without Shopping

Not Buying It: My Year Without Shopping

Overdressed: The Shockingly High Cost of Cheap Fashion

Overdressed: The Shockingly High Cost of Cheap Fashion

Garbage Land: On the Secret Trail of Trash

Garbage Land: On the Secret Trail of Trash

Material World: A Global Family Portrait

Material World: A Global Family Portrait

King Larry: The Life and Ruins of a Billionaire Genius

King Larry: The Life and Ruins of a Billionaire Genius

The Secret History of the American Empire: Economic Hit Men, Jackals, and the Truth about Global Corruption

The Secret History of the American Empire: Economic Hit Men, Jackals, and the Truth about Global Corruption