Monday, November 17, 2008

Maxed Out: The Film

I joined Netflix for the free two-week trial period, and the first movie I watched is Maxed Out. Its prescience in the debt and credit sphere is unbelievable. The movie was made in 2006 and totally foreshadows the mortgage and credit meltdown we are experiencing today. The most memorable moment from the movie is when it is mentioned (to no one's surprise) that the banks make money from those with bad credit and the subprime products. No wonder they kept pushing the products. The saddest moments are when you realize two college students killed themselves because they didn't see anyway to get out of their debt, and an older mother went missing, presumably also a suicide victim for the same reason. So sad. Makes you want to hold them and say, "It is not worth that." Good movie.

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