Historiansplaining: A historian tells you why everything you know is wrong cover image

2021 in Historical Context -- Global Crisis, Labor Unrest, and "It's A Wonderful Life"

Historiansplaining: A historian tells you why everything you know is wrong

CHAPTER

The Great Debt Pandemic

In recent years, it's also turned a lot to out sourcing, which is sort of like shoring, but increasingly its offshoring within the country. So all these new business practices have then existed alongside rising basic costs, rising prices of housing, rent, health are, education costs, et cetera. And by the two thousand, ten surveys found that most americans either were in net debt or had very little assets and wouldn't be able to cover a 400 dollar emergency without borrowing.

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