Watch In Debt We Trust

In Debt We Trust is a documentary film from 2006 that explores the credit industry and the dangers of excessive debt. Directed by Danny Schechter, the film analyzes the role that government policies and financial institutions have played in encouraging Americans to take on more debt. The film begins by examining the history of the credit industry, tracing its roots back to the 1920s and the rise of installment plans. It then delves into the modern credit era, where credit cards and easy access to loans have become a way of life for many Americans.

The documentary features interviews with a wide range of experts, including economists, financial analysts, and consumer advocates. These experts provide insightful commentary on the causes and consequences of the credit boom, drawing attention to the ways in which financial institutions have profited from the debt crisis.

One of the most compelling aspects of In Debt We Trust is its focus on the human stories behind the debt crisis. The film features interviews with several individuals who have struggled with debt, including a couple whose home was foreclosed on and a college student facing high levels of student loan debt.

Through these personal stories, the film illustrates the ways in which debt can spiral out of control, leading to financial ruin and personal hardship. The documentary also puts a spotlight on the predatory lending practices that have contributed to the crisis, highlighting the ways in which low-income and vulnerable populations have been targeted by high-interest loans and credit cards.

Throughout the film, the director raises important questions about the role that government policies and regulations play in shaping the credit industry. In particular, the film criticizes the lack of oversight and accountability in the lending industry, arguing that deregulation has allowed financial institutions to prey on consumers with little to no consequences.

In Debt We Trust also explores the global implications of the debt crisis, drawing attention to the ways in which debt has become a global phenomenon. The film examines the ways in which developing countries have been impacted by debt, highlighting the role that the World Bank and the International Monetary Fund have played in perpetuating the cycle of debt and poverty.

Overall, In Debt We Trust is a thought-provoking and powerful documentary that sheds light on an issue that affects millions of Americans. It offers a compelling critique of the credit industry and the policies that have enabled it to profit from the financial struggles of everyday people. The film is both informative and accessible, making it an excellent resource for anyone seeking to understand the causes and consequences of the debt crisis.