McPhillip: After economic debt binge, detoxify

September 29, 2008 • 5
For more than 20 years now, we Americans have become addicted to excessive and unsustainable consumption funded by unreasonable debt. Our economy, based around service with outsourced production, led to a dependency on debt instruments, an explosion of SUVs and, of course, Wall Street profits. Today’s financial crisis reveals our modern, debt-fueled economy as a »