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Today on Your Call: Why are Americans in so much debt?


On today's Your Call, we’ll talk about the strike debt campaign, which came from a coalition of Occupy groups looking to build popular resistance to all forms of debt. One in seven Americans is being pursued by a debt collector. Medical bills cause 62 percent of all personal bankruptcies. Strike Debt offers advice to debtors about how to escape debt and how to join a growing collective resistance to the debt system. Is it possible to abolish your debt? It’s Your Call, with Rose Aguilar and you.


Hannah Appel, economic anthropologist, member of Occupy Wall Street and Occupy Oakland

Mike Andrews, writer, member of the Strike Debt Campaign

Louis Hyman, assistant professor in Cornell University's School of Industrial and Labor Relations, author of Borrow: The American Way of Debt

Web Resources:

Strike Debt! : Debt Resistance for the 99%

Louis Hyman: Borrow: The American Way of Debt

UTNE: What’s Next for Strike Debt and the Rolling Jubilee?

Huffington Post: A Brief History Of Debt

The Nation: Strike Debt Abolishes $1.1 Million of Medical Debt