Uploaded February 2014 | Updated September 2026, 2 hours ago
77% of US households are seriously indebted and one in seven Americans has been pursued by debt collectors. The major banks are bigger and more profitable than before the 2008 crash, and legislators are all but powerless to bring them to heel.
In an eye-opening survey, Andrew Ross contends that we are in the cruel grip of a creditocracy -- where the finance industry commandeers our elected governments and where the citizenry have to take out loans to meet their basic needs. Available now at orbooks.com/catalog/creditocracy
77% of US households are seriously indebted and one in seven Americans has been pursued by debt collectors. The major banks are bigger and more profitable than before the 2008 crash, and legislators are all but powerless to bring them to heel.
In an eye-opening survey, Andrew Ross contends that we are in the cruel grip of a creditocracy -- where the finance industry commandeers our elected governments and where the citizenry have to take out loans to meet their basic needs. Available now at orbooks.com/catalog/creditocracy
