Rethinking Debt: Deadbeat Creditors

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Rethinking Debt: Deadbeat Creditors

Money and Morality
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Rethinking Debt: Who are the deadbeats? http://bit.ly/czeCbs
Thursday, August 19, 2010 - 1:00pm

CONTENT: Blog

In post-economic crisis America, foreclosure is a continuing tragedy for millions of families. A spate of recent web and print articles have painted banks as victims and defaulting homeowners as "deadbeats." One journalist even went so far as to accuse struggling homeowners of having no "moral values." What does history reveal to us about the morality of credit and debt? GoodB Blogger Monika Mitchell examines the truth behind the "shame of debt" and offers a provocative and unique view. 

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Keywords: Economic crisis | credit crisis | deadbeat creditors | deadbeat debtors | economic bailout | foreclosure | predator lending | underwater homeowners | unemployed borrowers | usury

CONTENT: Blog

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