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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Most of us don't know where their money is. However, one thing is for certain, it's is not in the bank to which we entrusted it. The bank and our money is already a part of the cycle of the global money market.
K. Sujatha Raaju
97% owned present serious research and verifiable evidence on our economic and financial system. This is the first documentary to tackle this issue from a UK-perspective and explains the ... See full summary »
Nearly 100 years after its creation, the power of the U.S. Federal Reserve has never been greater. Markets and governments around the world hold their breath in anticipation of the Fed ... See full summary »
Apple. Intel. Genentech. Atari. Google. Cisco. Stratospheric successes with high stakes all around. Behind some of the world's most revolutionary companies are a handful of men who (through... See full summary »
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
Have you seen the new card that they're talking about putting out now-where you can get a credit card against your pension account, so that, when you go and charge it, it automatically, if you don't pay, will be withdrawn from the money you've put aside for your retirement? This is one more way that we're trying to string together with chewing gum and bailing wire to keep the American family looking like it's afloat long after it is really sunk with debt.
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Film needs to be widely seen by young and the poor
Extremely powerful message. Particularly the fact that credit card companies make most of their money from the people who really shouldn't have credit cards. The young and the poor who when they can't meet minimum repayments are socked with extra fees and penalty interest.
Should be shown in all high schools and colleges as a warning to the vulnerable. However given the power of the credit card company political lobby groups, this film will probably get minimal distribution and disappear.
This would be unfortunate as the message here is communicated in a clear and entertaining style.
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