Detailed text transcripts for TV channel - CNN - 20170705:04:13:00
>> i want you to think about this also. >> that's what is going to set your eyes off. >> the economy started growing, and it was largely a consumer dren growth. but the consumer economy was nded by debt. >> the national bankruptcy rate is soaring. greg and diana, annual income, 3 wood -- $32,000. they had $12,000 unsecured debts, bought a washer, drier, and beta max tv recorder, then went bankrupt. >> if you've got plastic money, there's nothing holding you back. >> it was acceptable to have a credit card, more than acceptable. if you wanted to pull it out of your wallet and use it. >> live fr...
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