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Broke: How Debt Bankrupts the Middle Class (Studies in Social Inequality)

From Porter Katherine EDT




[PDF.rs73] Broke: How Debt Bankrupts the Middle Class (Studies in Social Inequality)

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 | #697370 in Books |  Porter Katherine EDT |  2012-01-11 |  2012-01-11 | Original language:English | PDF # 1 |  9.25 x.80 x6.13l,1.00 | File type: PDF | 320 pages

 | Broke

||0 of 0 people found the following review helpful.| Great insights!|By Victor Antonio|An excellent compilation of different perspective on bankruptcy and the middle-class. I've read a few books on debt and bankruptcy, this is by far the most credible and in-depth dive into the correlations and causations behind today's struggling families.|0 of 0 people found the following review helpful.| Class Book| |"An important collection on consumer finance that offers a troubling window on the financial stresses on the American middle class. Broke breaks new ground in exploring families in bankruptcy, examining the interaction of issues like race, mortgage debt

About 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 collapse―with 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 middle cla...

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