Description:Last year, mortgage-driven debt brought the world to its knees: next year, credit card debt will do it again. The days of easy credit have created a planet of plastic addicts: people of all kinds who continue to live beyond their means, using unpaid credit card debt to pay even for the bare essentials. The worsening economy has forced many households to incur even greater credit card debt, just as card interest rates have soared. This is placing an unsustainable burden on individual consumers, as well as the overall economy. It's a looming disaster. Washington has just noticed, and is attempting to stem the crisis, but its actions are shaping up as too little and too late, as consumers default in growing numbers and financial institutions gasp for air in their wake. In, veteran journalist Kathryn Ann Jones dissects the cause and effect of what is shaping up to be the next global economic meltdown. Jones combines the stories of real people with a compelling history of how we got here: how the credit card industry spiraled out of control, how it has fought meaningful reform, and what it will take for individuals and societies to kick the credit habit without triggering a new economic depression at the same time. If you hold a dime of credit card debt - or if you're struggling to stay above water and invest in the future - you can't afford not to read Plastic Planet.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Plastic Planet: The Coming Global Credit Card Meltdown. To get started finding Plastic Planet: The Coming Global Credit Card Meltdown, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
280
Format
PDF, EPUB & Kindle Edition
Publisher
—
Release
2010
ISBN
0137053924
Plastic Planet: The Coming Global Credit Card Meltdown
Description: Last year, mortgage-driven debt brought the world to its knees: next year, credit card debt will do it again. The days of easy credit have created a planet of plastic addicts: people of all kinds who continue to live beyond their means, using unpaid credit card debt to pay even for the bare essentials. The worsening economy has forced many households to incur even greater credit card debt, just as card interest rates have soared. This is placing an unsustainable burden on individual consumers, as well as the overall economy. It's a looming disaster. Washington has just noticed, and is attempting to stem the crisis, but its actions are shaping up as too little and too late, as consumers default in growing numbers and financial institutions gasp for air in their wake. In, veteran journalist Kathryn Ann Jones dissects the cause and effect of what is shaping up to be the next global economic meltdown. Jones combines the stories of real people with a compelling history of how we got here: how the credit card industry spiraled out of control, how it has fought meaningful reform, and what it will take for individuals and societies to kick the credit habit without triggering a new economic depression at the same time. If you hold a dime of credit card debt - or if you're struggling to stay above water and invest in the future - you can't afford not to read Plastic Planet.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Plastic Planet: The Coming Global Credit Card Meltdown. To get started finding Plastic Planet: The Coming Global Credit Card Meltdown, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.