Cutting up cards may not be the best solution
What would happen if we all cut up our credit cards? Some debt-free advocates have called for just such a drastic solution. In this short documentary, the Observer’s Jihane Abouchabké, Lisa Chiu, Radina Gigova and Ryan Sibley explore what would happen to the U.S. economy if more people reached for their scissors instead of their plastic. View the video below:
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| Macroeconomics: When the US Sneezes, the world turns to China |
| Terms: The 411 on credit terms, concepts and problems |
 Microeconomics: Debt vignettes from society |
| Living debt-free: Millionaire gives practical advice for a debt-free life |
| Post guru speaks: Post’s debt-free guru preaches a brown-bag lifestyle |
| Counseling: Non-Profit Credit Counseling Services; Friend or Foe? |
| A drastic solution: Cutting up cards may not be the best solution |
| Faith: Christian Debt Relief: Stewards of God? |
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