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Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders | |
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The film is about how Americans, driven into a wheel of debt and unpaid loans, split into two parts: the rich and well-off, who are the “serviced part” of “corporate America”; and the poor, or rather impoverished middle class, who are constantly indebted to banks. Americans today spend much more on the so-called basic needs of housing and food, getting a loan has become much easier, but it is harder to pay. Hence chronic non-payments and the emergence of a large stratum of the population, which
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