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Saturday, January 1, 2011

US shopaholics -- In debt we trust

US shopaholics -- In debt we trust

Shopping is as American as apple pie or at least that is what credit card companies would have you believe. As Americans continue to go deeper in debt, why do people continue to shop with a credit card? Blogger and Filmmaker Danny Schechter says this society is organized around consumption not production, it's the thing to do and something people are encouraged to do and of course, the credit card companies make it easier because they lend you the money upfront.


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