Must-See Documentary: Maxed Out.
This weekend I sat down to find something to stream from Netflix and came across the documentary Maxed Out, which is about credit card debt and how it has affected every day Americans. While painful to watch, it just confirmed my thoughts about debt – it’s a pain in the ass. From small town families who can no longer make the minimum payments due to job loss, all the way up to the Federal Government, it seems that while debt has become the standard way of life, it has some very ugly side effects. The film, while concentrating on the credit card industry for much of it, does also touch on real estate greed, how some people feel they “deserve” all the stuff they cannot afford, and how predatory lenders and check cashing schemes can make anyone’s debt situation even worse than it already is.
