When Hurricane Katrina ravaged America's Gulf Coast, it laid bare an uncomfortable reality-America is not only far from the world's wealthiest nation; it is crumbling beneath a staggering ...
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When Hurricane Katrina ravaged America's Gulf Coast, it laid bare an uncomfortable reality-America is not only far from the world's wealthiest nation; it is crumbling beneath a staggering burden of individual and government debt. Maxed Out takes us on a journey deep inside the American debt-style, where everything seems okay as long as the minimum monthly payment arrives on time. Sure, most of us may have that sinking feeling that something isn't quite right, but we're told not to worry. After all, there's always more credit! Maxed Out shows how the modern financial industry really works, explains the true definition of "preferred customer" and tells us why the poor are getting poorer and the rich getting richer. By turns hilarious and profoundly disturbing, Maxed Out paints a picture of a national nightmare which is all too real for most of us.Written by
We started with nothing, built up a portfolio of over four million dollars' worth of real estate by the time I was 26, lost it all. Because I was stupid. And so I've done stupid with zeroes on the end, I know what it looks like.
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This movie is certainly propaganda, however it contains important thought-provoking information and therefore I recommend it. If you have a mind of your own and are capable of differentiating truth from partial truth from fiction you should watch this movie. The message you take from it may not be what the producers wanted but that's OK. We can use them as they're attempting (quite successfully from the looks of these comments) to use us. If anything good comes out of this movie it will be a close look at debt on every level - from individual to global - and if only a few people research and understand the most basic principles of economics as a result, well then the world is a better place.
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