IOU: How Debt Defines the New Millennium
"Hello? Hello?” The debt collector asked loudly. I held my cell phone away from my ear and shook it,…
The Indypendent
DEBT
In July, Puerto Rico’s Governor Alejandro García Padilla declared the island’s $72 billion debt “unpayable” and called on the…
On July 5 the people of Greece overwhelmingly rejected further austerity measures in a referendum called by Prime Minister…
Let Greece’s Example Guide the Way
The results of Sunday’s referendum in Greece are in: by a decisive margin, the Greek people have rejected the European Central…
The Politics of Debt in America: From Debtor’s Prison to Debtor Nation
Shakespeare’s Polonius offered this classic advice to his son: “neither a borrower nor a lender be.” Many of our…
Last spring, the amount of student debt in the United States passed the $1 trillion mark. For many, the…
OWS and ‘Strike Debt’ Taking Aim at the Ties That Bind the 99%
ONE, we are the zombies! TWO; we are indebted! THREE; this occupation is… om-nom nom-nom…” Playfully infusing a familiar…
Tales of a Student Loan Survivor
$124.90. Payment Due: August 1. That’s how much I owed Chemical Bank of New York for my July 1991…
How Real Estate Splits the Labor Movement
Last month, Bronx officials joyously endorsed a proposal to convert the Kingsbridge Armory into a complex of ice-skating rinks.…
How Wall Street Killed the Economy
The “subprime mortgage” mania began in 2004 when lenders started giving out mortgages to almost anyone — with little…