Maxed Out

Maxed Out. James Scurlock

Read the book, and watch the movie.

The book is an easy read, yet highly insightful, and details a country gone mad on debt fueled by predatory lenders, thinking the party will never end. In debt? Just borrow more. Need a new car? Take it out of the equity in the house (if you’re lucky enough to have a house, of course.) But the interest rate just keeps getting higher, and then the debt load becomes crushing.

All those people getting crushed? That money is going somewhere. Thus, someone is getting very wealthy from all this predatory lending, and I bet it’s not you.