Are you or a loved one in credit card debt? Then this episode is for you.
I sat down with debt journalists Jamie Feldman and Rachel Gayle Webster to discuss the biggest finding from their year-long investigation into America’s $2.27T credit card debt crisis. They host the award winning podcast Debt Heads, which chronicles their investigation in debt. And the villain isn’t who you think.
We cover:
Why the economy literally depends on you staying in debt
The 1978 Supreme Court decision that created America's debt crisis (Marquette National Bank of Minneapolis v. First of Omaha Service Corp.)
Why the "get out of debt" industry needs you to stay in debt
How your childhood shapes your relationship with money before you were old enough to know it
The hidden connection between debt, shame, and belonging
How to stop blaming yourself and start seeing the full picture
If this resonated, please share it with someone who is on their unshaming journey.
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