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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: December 31, 1969 at 6:59 pm
Author: uctelevision

Length: 57:37
Rating: 4.87
Views: 115292

Tags: bankruptcy  class  economy  middle  

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Video Comments

curiousEGM (December 31, 1969 at 6:59 pm)
Taxpayers are going under. Austerity and restructure are not something the American people are ready to digest. That fact in itself could cause a crash in the socio-economic fabric (It probably will in my view).
authorjeff77 (December 31, 1969 at 6:59 pm)
indentured servitude rears its ugly head years after slavery was made illegal.
newgtguy (December 31, 1969 at 6:59 pm)
FYI - Elizabeth Warren was also featured in the movie "Maxed Out", another good film on the financial crisis.
aslumlord (December 31, 1969 at 6:59 pm)
Explains a lot about what is happening in our nation today. Watch and be suprised about your everyday life.
anhacus (December 31, 1969 at 6:59 pm)
Comprehensive. She's great. This should be nationally televised during prime time.
JDLLM2 (December 31, 1969 at 6:59 pm)
It is sad to see, but this lecture affirms the rationale why I am changing the focus of my law practice from estate planning (helping the wealthy avoid federal estate taxes) to bankruptcy and helping people get a fresh start. Perhaps we can examine ways to reduce our slavery to the almighty FICO credit score. If the govt could back mortgages with the monthly note being a percentage (say 35-40%) of one's verified income, then we could heal the housing market. Until then, I will be very busy.
rockme5150 (December 31, 1969 at 6:59 pm)
America is headed down the same path of the Roman empire: oppression, liberty, apathy, then enslavement again. We will fall, I hate it but it's simply the truth that those who forget history are doomed to repeat it.
rd82 (December 31, 1969 at 6:59 pm)
Every once in a while you come across a video that makes existence of online video sharing site meaningful. This was one of them.Very well researched, well presented and thought provoking. Makes you wonder which direction are we headed. A MUST watch for anyone who is concerned about their's and their children's future.
Frankinfinity (December 31, 1969 at 6:59 pm)
Good piece of information.
daxclusivechica (December 31, 1969 at 6:59 pm)
I am so sexy, so sexy, and I can?t believe I don?t have a boytoy!

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