Economy & Banks

america's debt
http://www.zerohedge.com/news/2013-10-22/another-one-trillion-dollars-1000000000000-debt

Unfortunately, most Americans don't realize just how bad things have gotten

maybe that's because most Americans have their own debt concerns,

[

It seems like pretty much everybody – homeowners, students, those who are ill and without health insurance, and, of course, credit card holders – is up to their neck in debt that can never be repaid. 77% of US households are seriously indebted and one in seven Americans has been pursued by debt collectors.
](http://www.orbooks.com/catalog/creditocracy/)
.. some are addressing this issue,

[

Rolling Jubilee is a Strike Debt project that buys debt for pennies on the dollar, but instead of collecting it, abolishes it. Together we can liberate debtors at random through a campaign of mutual support, good will, and collective refusal. Debt resistance is just the beginning. Join us as we imagine and create a new world based on the common good, not Wall Street profits.
](http://rollingjubilee.org/)