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Numberscruncher: Angels, Demons, and Debt
In the summer of 1998, Harper’s Magazine published one of its most talked-about stories, Vince Passaro’s narrative of how his family accumulated $63,000 in credit card debt. He and his wife had academic jobs
Read More »Credit Where Credit’s Due
This month, Thomas Geoghegan has an article in Harpers about how debt changed working-class America. Barack Obama sat down with bailed-out banks to discuss their credit card practices. I paid a bunch of ridiculous
Read More »Pop Politico: “Debt Nation”
When I was growing up, I remember my father used to keep a credit card hidden in the back of his closet. It was one of those “In case of emergency” things that he
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