Frontline profiled the predatory nature of the American consumer credit industry a few years ago. As the speed of middle class decline increases, it is worth revisiting. Here is the the full episode.
The foggy world of derivatives, the same non-transparent mechanisms that nearly led to a global rollover three years ago, is still fundamentally opaque. They almost drove us into total depression before and that was without the intentional brinkmanship and economic sabotage now being seen from some of our own "conservative" representatives.