Financial Firms Have Been Hollowing Out America for Decades — Now We’re on the Verge of a Debtpocalypse | Alternet

“Debtpocalypse” looms. Depending on who wins out in Washington, we’re told , we will either free fall over the fiscal cliff or take a terrifying slide to the pit at the bottom. Grim as these scenarios might seem, there is something confected about the mise-en-scène, like an un-fun Playland. After all, there is no fiscal cliff , or at least there was none — until the two parties built it.

via Financial Firms Have Been Hollowing Out America for Decades — Now We’re on the Verge of a Debtpocalypse | Alternet.

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