Broke: How Debt Bankrupts the Middle Class BISAC-FIC048000 Blade Icewood

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Broke: How Debt Bankrupts the Middle Class BISAC-FIC048000 Blade IcewoodAbout 1. 5 million households filed bankruptcy in the last year, making bankruptcy as common as college graduation and divorce. The recession has pushed more and more families into financial collapsewith unemployment, declines in retirement wealth, and falling house values destabilizing the American middle class. Broke explores the consequences of this unprecedented growth in consumer debt and shows how excessive borrowing undermines the prosperity of