In Debt We Trust: America Before the Bubble Bursts

2007
7.1| 1h37m| NA| en| More Info
Released: 01 January 2007 Released
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Emmy-winning journalist Danny Schechter investigates America's mounting debt crisis in this latest hard-hitting expose. The film reveals the unknown cabal of credit card companies, lobbyists, media conglomerates and the Bush administration itself who have colluded to deregulate the lending industry, ensuring that a culture of credit dependency can flourish. Schechter exposes the hidden financial and political complex that allows the lowest wage earners to indebt themselves so heavily that even house repossessions are commonplace.

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Documentary

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Director

Danny Schechter

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In Debt We Trust: America Before the Bubble Bursts Audience Reviews

ClassyWas Excellent, smart action film.
PiraBit if their story seems completely bonkers, almost like a feverish work of fiction, you ain't heard nothing yet.
Ogosmith Each character in this movie — down to the smallest one — is an individual rather than a type, prone to spontaneous changes of mood and sometimes amusing outbursts of pettiness or ill humor.
Tyreece Hulme One of the best movies of the year! Incredible from the beginning to the end.
nederhoed This documentary shows the influence of debt in everyday life. From consumer dependence, credit card advertisement, the economic system to politics and law.This documentary was definitely worth watching. It informs about the forms of debt you get offered by corporations, showing all consequences of the deal. It sheds light on the dark side of consumer debt.What surprised me is that no other reviewer mentions that this documentary predates the 2008 economic collapse. It tells about sub-prime loans, reselling of mortgages by banks and the uneven battle between individual consumers and big corporations.
pilothouseman You could say that people who get enslaved in credit card debt have no financial sense and its their own fault. This film, however, shows clearly and informatively how big business and government cooperate to encourage senseless financial behavior, to the profit of the rich and loss of everyone else. It articulates well the observation of mine and many others that our society is quickly heading toward feudalism. I thought this film was much better than another current production, "Maxed Out", because it presents a comprehensive and complete picture of the situation doesn't attempt to be a drama. Everyone who spends money in the US should watch this.
Jon What a load of crap! What a surprise, credit cards charge interest. Students are bad with money! Short Term Loans are a bad idea. Besides the fact there is no real insight in this movie, it is cheap looking, the sound is horrible, and they jump from idea to idea without offering any concluding thought. There is a lot of corruption in the money lending industry and this is a large scale problem in North America. This movie gives you nothing that opening your credit card statement can't already give you. I am all for documentaries, but this looks like it was thrown together on a weekend by a community college instructor with music by a local dinner theatre. If you want to prevent yourself from going into debt, save the $4.00 you'd spend on renting this garbage.
whm3113 The issue of overwhelming consumer debt isn't a partisan issue as much as an issue of whether consumers have too much trust for corporations. It is without question true that Americans are too accepting of consumer debt and the associated interest charges. We are told that everybody has a flat screen television, a new car and a three bedroom house in the suburbs. In fact, there are a lot of people who can't afford more than basic housing and food; and they don't like that. Hence, they borrow to live beyond their means.This movie does an excellent job in pointing out that corporations make money when consumer make poor financial decisions. It loses some of it's impact when it takes a detour on the discussion of the national debt, with not much explanation as to the difference between the national debt and personal debt. It also doesn't completely explain the changes in the bankruptcy laws; instead it uses the talking points of those opposed to the change. It is too important an issue to be left as a big corporation vs poor people battle.