In Debt We Trust (2006)
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80% of critics liked it
(5 reviews) -
62% of users liked it
(662 ratings)
While a large number of Americans carry a certain amount of personal debt, few are aware of just how common and widespread the debt crisis has become. In 2006, it was estimated that the debt owed by American citizens totaled well over ten trillion dollars, and many economists believe that with more… More While a large number of Americans carry a certain amount of personal debt, few are aware of just how common and widespread the debt crisis has become. In 2006, it was estimated that the debt owed by American citizens totaled well over ten trillion dollars, and many economists believe that with more people owing so much and the nation's money supply in the hands of a dwindling number of people, a collapse along the lines of the 1929 stock market crash is not only possible but likely. Documentary filmmaker Danny Schechter explores this growing dilemma in In Debt We Trust: America Before The Bubble Bursts, which examines the various manifestations of the debt crisis - credit card companies who allow young and naïve customers to rack up large debts, loan firms who demand massive interest and penalties from homeowners struggling to stay afloat, lobbyists who helped push legislation through Congress making it harder for ordinary people to obtain bankruptcy protection, and punishing interest rates which can sometimes top out at 700%. In Debt We Trust: America Before The Bubble Bursts features interviews with Sheila Jackson Lee, a Texas congresswoman active in fighting for economic justice, and Robert Manning, author of the book Credit Card Nation. ~ Mark Deming, Rovi
- Directed By
- Danny Schechter
- Genres
- Documentary, Special Interest
Unrated,
- In Theaters
- Mar 17, 2009 Wide
- Studio
- E1 Entertainment
Critic Reviews
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G. Allen Johnson, San Francisco Chronicle
Unfortunately, there isn't much insight into this possible bleak future, nor is there anything new in this 89-minute film, which plays more like an episode of 20/20 or Dateline NBC.
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MaryAnn Johanson, Flick Filosopher
[S]how[s] how at the mercy of major banking corporations are the American middle and lower classes, and how the bottom must inevitably fall out.
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Prairie Miller, WBAI Web Radio
The film details and indicts the vast legalized fraud perpetrated by US financial businesses, and receiving an unregulated nod under the monolithic New World Order that has added debt slavery to wage slavery.
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Kam Williams, Mount Desert Islander
Consumers of the world unite! We have noting to lose but our plastic!
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Kam Williams, NewsBlaze
A damning documentary which indicts Americas as a Credit Industrial Complex where repossession and foreclosure have become commonplace rather than the exception.
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