Going Broke by Stuart Vyse

Going Broke: Why Americans (Still) Can’t Hold On To Their Money

Written By: Stuart Vyse

Publication Date: September 3, 2018

ISBN: 9780190677848

Buy Print Book

Have this book? Sell it here.

Synopsis:

Over the last four decades, debt, bankruptcy, and home foreclosures have risen to epidemic levels, and the personal savings rate has sunk dangerously low. Why, in the richest nation on earth, can’t Americans hold on to their money? Today total household debt has actually surpassed pre-recession levels, and some of the same problems that preceded the crash are back again. But the shape of our troubles has changed: the new face of financial failure features auto repossession, bankruptcy, eviction, wage garnishment, and being sued for unpaid bills. Vyse offers a unique psychological perspective on the financial behavior of the many Americans today who find they cannot make ends meet, illuminating these and other causes of our wildly self-destructive spending habits. But he doesn’t entirely blame the victim, arguing instead that the mountain of debt burying so many of us is the inevitable byproduct of America’s turbo-charged economy together with social and technological trends that undermine our self-control.

Other Books By Stuart Vyse:

Books By Other Podcast Guest Authors

Back to Stuart Vyse Books

Shopping Cart