Poverty Shame and Why We Can’t Have Nice Things

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My main topic today is the debt cycle and bankruptcy. This is a topic that Americans have, like Pavlov’s dogs, been trained to view with revulsion and disdain, because a person has to have truly fucked up to place themselves in such a situation. Bankruptcy equals failure, and Americans hate failure, unless the person filing bankruptcy was a millionaire already. Trump’s bankruptcies barely rate a mention. Corporate bankruptcies are similarly not a problem, because it…