The High Cost of Debt


The High Cost of Debt


Year: 1990

Season: 1, Episode: 5

Episodes: 6

Plot: Anthony Sampson considers the risks to financial systems of easy borrowing and the high cost of debt, and the dangers of building up huge debts on credit cards. Comparison is made between the Argentinian and American situations. The stories of four debtors are explored - a young American couple caught up in a credit card crisis; the former Secretary of the US Treasury who went bankrupt to the tune of $50 million; the President of Argentina, a country that owes more than $60 billion to the world's banks; and the biggest debtor of them all, the USA.
Original Title: The High Cost of Debt
Type: episode
Year: 1990
Genres: Documentary
Cast: Anthony Sampson
Original Air Date: 18 Feb 1990
Season: 1
Episode: 5
Number of Episodes: 6
Episode of: The High Cost of Debt