GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Friday, November 1, 2013

Growing Indebtedness in Brazil's Economy

Brazilian oil company OGX has filed for bankruptcy protection after the company's market value plummeted by nearly $45 billion since 2010. And after a decade of record consumer credit lending, many Brazilians are struggling to repay their debts. CCTV's Paulo Cabral investigates the growing levels of indebtedness in the country's economy.

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