assg5

In 250+ words, share your opinions on the problem of financialization in our society. Focus on one or more of the following:

•Debts that cannot be repaid will not be repaid. Who should bear responsibility when this happens? How much burden should go on the creditor, and how much on the debtor? Does it vary by the nature of the debt? (ie., student loans, mortgages, hospital bills, etc.)
•Do corporations have a responsibility beyond “ maximizing shareholder value?” If so, how are they to be held responsible?
•What is the way out of the current debt crisis in America? What policies or changes would you recommend?

READING

https://nypost.com/2018/06/23/why-the-middle-class-cant-afford-life-in-america-anymore/

https://www.cbsnews.com/news/the-united-states-of-insecurity/

https://www.businessinsider.com/millennials-cost-of-living-compared-to-gen-x-baby-boomers-2018-5