Summary Anthony Sampson considers the risks to financial systems of easy borrowing and the high cost of debt, and the dangers of building up huge debts on credit cards. Comparison is made between the Argentinian and American situations. The stories of four debtors are explored - a young American couple caught up in a credit card crisis; the former Secretary of the US Treasury who went bankrupt to the tune of $50 million; the President of Argentina, a country that owes more than $60 billion to the world's banks; and the biggest debtor of them all, the USA.
Directed : Unknown
Written : Unknown
Stars : Anthony Sampson
Genres : Documentary
Release date : Feb 17, 1990
Countries of origin : United Kingdom
Language : English
Production companies : Antelope Films
Summary Anthony Sampson considers the risks to financial systems of easy borrowing and the high cost of debt, and the dangers of building up huge debts on credit cards. Comparison is made between the Argentinian and American situations. The stories of four debtors are explored - a young American couple caught up in a credit card crisis; the former Secretary of the US Treasury who went bankrupt to the tune of $50 million; the President of Argentina, a country that owes more than $60 billion to the world's banks; and the biggest debtor of them all, the USA.
Genres : Documentary
Release date : Feb 17, 1990
Countries of origin : United Kingdom
Language : English
Production companies : Antelope Films