This week’s material revolves around Debt Crisis and the City. Using this week’s lecture, podcasts, and readings, please answer the following questions below: (should be 2-3 paragraphs in length).
Materials: 2 PDF file+website:https://www.thisamericanlife.org/355/the-giant-pool-of-money
What are the three types of workers in America? Please describe each one and an occupation as your example.
Why is inequality rising in the US in terms of employment?
How do people cope with growing inequality? Do you think this has worked? Are people financially more secure than before? Why or why not?
What is the consumer debt model and what happened in 2008 because of this model?
In your opinion, has the value of education gone up? Down? Or remained the same? Please elaborate.
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