The Coming Collapse of the Middle Class

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Distinguished law scholar Elizabeth Warren teaches contract law, bankruptcy, and commercial law at Harvard Law School. She is an outspoken critic of America's credit economy, which she has linked to the continuing rise in bankruptcy among the middle-class. Series: "UC Berkeley Graduate Council Lectures" [6/2007] [Public Affairs] [Business] [Show ID: 12620]

Channel: Education
Uploaded: January 31, 2008 at 11:43 am
Author: uctelevision

Length: 0:57:37
Rating: 4.86
Views: 85,794

Tags: bankruptcy middle class economy

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Video Comments:
WHEREtheFUNK (Thursday 28th of August 2008 04:09:25 AM)
the dollar will be permanently damaged due to the debt strategy of the Fed Reserve in order to introduce the Amero, which will be the new currency for the North American Union.
dave777blaster (Thursday 21st of August 2008 11:52:54 PM)
The federal govt is bankrupt state govts are Bankrupt municipal govts are Bankrupt Americans have no savings and the world is unloading the USA dollar No she is wrong mothers will not be rushing to work and their husbands wont be either. thats because 30% or more people will be laid off. A nation of Bankruptcy
UnconcernedCitizen (Monday 18th of August 2008 02:42:49 PM)
Bankruptcy is an excellent business strategy. It's a backdoor that's always open.
arcturus33333 (Sunday 17th of August 2008 10:02:02 PM)
We've elected and tolerated horrible leaders with policies in their own interest and the interest of their big business masters for so long is why the middle class is dieing. The two-party system is killing us. Get 3rd parties in the debates and the presidential race so we can get some representation for a change, instead of just representation for the corporations and banks. 50% don't even vote. So a iot of it is our own fault. If we let Obama or McCain in we are SOL. They're bought & paidfor.
cribster123 (Tuesday 26th of August 2008 12:32:45 AM)
So 1 more candidate is all America needs...its that cut and die. Hmmm, I think you mean well, but step back and just try to play that out; then tell me if that's even gonna be close to helping out on how deep all this trouble really is.
arcturus33333 (Tuesday 26th of August 2008 08:00:39 PM)
Oh of course I didn't mean that ANY one person can fix everythihg. I was just pointing out that the two main parties are more alike now and that they don't represent us anymore. They get tons of donations from corporations who are virtually buying our democracy away from us.
mythbuster2001 (Saturday 16th of August 2008 06:55:20 AM)
Buy Kruger rands (10 - 20) and rent accomodation ladies & gentlemen it's going to be the only way to survive. In times to come you will buy a house for 2 or 3 oz of 22 carat gold bullion. Buy lots of good quality clothes summer/winter Wear, oh and a good quality firearm and press your own bullets.
tony93666 (Thursday 14th of August 2008 04:43:52 PM)
notice how the first lady dissed the middle class in the intro? Elitist snob done told on herself! I live in Massachusetts(but I'm not rich) - I know what it's like to be surrounded by them!
leeraconteur (Thursday 21st of August 2008 03:35:24 PM)
She reminds me of the women who work associations, clubs and luncheons in WDC. There, too, far too many people are upper middle class, soft, and think that everyone else is like them. Nothing wrong with being successful or upper middle class, but realise that everyone else cannot afford what you can. This is common sense.
srudlak (Thursday 14th of August 2008 05:08:42 AM)
a franchise system