for this hour join me at the top all there with much more on the latest a tuck the latest from the it's in london and plenty more besides stay with interesting. about your sudden passing i've only just learned you were a south and taken your last wrong turn. to caught up to you as we all knew it would i tell you i'm sorry i could so i write these last words in hopes to put to rest these things that i never got off my chest. i remember when we first met my life turned on each day. but then my feelings started to change you talked about more like it was again still some more fun to feel those that didn't like to question our arc and i secretly promised to never be like it said one does not leave

a funeral the same as one enters the mind it's consumed with death this one to. speak to now because there were no other takers. that mainstream media has met its maker.

here's how it started with u.s. households sinking ever deeper into debt encouraged by the government and the banks to take out mortgages even those who did not have the means to do so. until the day the bubble burst this has been a historic sunday astrid at this hour the lehman brothers investment bank appears headed toward bankruptcy in two thousand and eight the poorest homeowners unable to meet their mortgage repayments began to massively sell off their properties the real estate market collapsed and along with it the banks who become embroiled in the subprime loans. on september fifteenth two thousand and eight the death of lehman brothers the fourth largest u.s. investment bank not the beginning of a huge financial and economic crisis that would spread worldwide. the likes of it had not been seen since the great depression of the thirty's a wave of corporate bankruptcy is followed with considerable loss of jobs.

to people blame the bankers like here in iceland for eighty percent of the banking system collapsed and even more so in greece where the state teetered on the brink of bankruptcy. with the crisis of public debt skyrocketed as did household overindebtedness a veritable scourge that would affect one person in twenty in europe especially in the u.k. . five years the guy me and my husband split up. i actually kicks my husband out and miss out a big impact on my children so i think at the time that and i had a lot of making up to do to them and at the time i thought that the way i needed to make up that was financially. so i would just throw money at them and christmases i would go ridiculous find ridiculous amounts of money like thousands of pounds on stuff they didn't need and work like they'd probably play with once then go in the water. so i strike twice ten i did it i took out

a loan but then one loan was not enough so i had to pay that loan back then i took another loan to pay the loan back and hold the stock and bigger and the debt start a game bigger and it was spiraling out of control. like many other british people share and fell into the trap of easy credit with online catalogs where with a simple click one can buy all kinds of products on credit often with annual interest rates of up to thirty percent. it was so we say it was so easy to go online and go yeah it was my name my address my details you have thank you very much money's in your account so i made them made it too easy for me to get into. as for philip he took out loans to supplement his meager pension but he went under when the government abolished his council tax exoneration for the elderly.

whether i do i did three very well because of the worry over them a week you're in charge of. always actually going to bed or no wouldn't. grow your drug or throw. to get a bill to apply more that's going to throw more. i didn't know what. i'd lost computer from competent or worth. going to want to do or go if you were hungry looking for money. or down to a phony. one of the club who don't flow from pride that are proud that. are. the bankers were helped by the government the banks got into trouble and all the big bankers guppy. and i think on the government that the banks but i started think of three fortunately the ordinary men and women that.

lost money so as a bank and so because the bank the banks have been helped by i'll type of the government. the infrastructure for the proof of the contrary to all but disappeared you know there were a lot of coach. i'm just trying to make my own you were to me what you are because it's changed yeah i'll go on if it is in front of me all right and thank. you but yes he wants to speak to us that's fine let me let me just get everything up here for you sharon regained hope thanks to the advisors at step change the u.k.'s largest debt charity which specializes in debt problems in two thousand and fifteen they advised on average over one thousand five hundred people a day because in the u.k. the price of economic recovery has been very liberal austerity measures the driving

down of wages and drastic cuts in social welfare. the definition of problem is not straightforward our government defines it as anybody who has been at least three months behind their debts in the last six months that's eight point eight million people in the u.k. bad things can happen you know you become ill you lose your job your relationship breaks down here become a casualty most important in most circumstances is you get help to get back on your feet because the cost to why does the society of people being in there are huge over half the people who come to us have had to go and see their doctor about mental health or other issues just to give you seven general enforcement types of panic with the enforcement. they do need to me peaceful and healthy into sound because what they'll do them to do is to control did. so i know you know that

it. takes to keep the door shut tight in fact again and so. at the time i felt like it was just may and i would else was financially following and it was only me. that was suffering. sorry. i thought i was the only one that was actually having to do with living like this and living with the fear of losing my head a milly's not upset being homeless with my children having my children taken away from aches i couldn't look after them properly. by way of a strange paradox people who are deeply in debt feel terribly alone and yet they are increasingly numerous. in france over one person in ten admits suffering from financial difficulties like dominic who was made redundant three years ago in

strasbourg. he has resolved to go and see the creases association whose initials ironic stand for. regional chamber for social overindebted this has become a mainstay of social assistance for those who find themselves in a financial dead end twenty five associations in france six hundred voluntary staff who would like step change still engage in face to face interviews early. if you want to. let go thank you. for you to feel. a lot on that of the. innocence i wanted to move through it was a joke. no. less interest royally that since i'm looking.

through almost everything. all the things. that cause. so much room so far. zoom in on. the more. than one called home.

it's interesting to see. what it was and rules. as to who. the voluntary advisors are often former bankers who now retired have decided to change sides as it were their kind of repentance here the volunteers share their past expertise like the chairman of cases strasburg. a former lawyer a voluntary advisor for ten years and a tireless militant in the fight against overindebtedness. last. movie the. day the

don't. kick me tape ask. bustle. and no. way to. see. it did he. put. us in a. typically hostile will today i don't know.

sick it would do for. this. city for. cobol. to say. but also a set of unique model books and it that the sea sick of every dish if you. look at all in our yoko no kentucky dog the city some point or a dog or false. book. my resume my job was small but i feel called hog bait for the new york c c p c c she did. fall in a slip in your local. pub was about the old if you contin fell made buddies you expect get up

a good necessary. call sat was a cigar of made all that. supper to feel so why did you miss it i would call it was all said you've got to go to name that sick i'm still a bit uppish. supplies about it that we won't let up simply mickey all they. say we could if i didn't your case you. give us a crowd. of sixty if i want to marry you the perfect. chimp in use. said i'm out of town and feeling no. credit to liberty there's a good market to have been increasing and here's a bit of school at the. school but i had turned that little bit ago in.

here a place anybody. can. see here. the scene. in iceland where the two thousand a crisis really hit hard fanny whose house was repossessed is now desperately looking for a new home. her debts had reached such a level that the government measures to reduce household indebtedness were insufficient to help her she's been taken in by her sister.

in case you're new to the game this is how it works the economy is built around corporate corporations from washington washington controls the media the media. the voters elected to businessman to run this country business because. you must it's not business as usual it's business like it's never been done before. like many of the inhabitants of this little volcanic island in the north of europe fanny thunder self overindebted despite having made no mistakes because here most mortgages are consumer price index yet due to the crisis and the fifty percent devaluation of the icelandic currency inflation soared as a result mortgage repayments suddenly doubled and many icelanders found themselves

drowning in debt. weird. along with. their will going to get missed to sit. in after school. or how a book. with a woman it was on the market. along with. a lack of energy as to a good job. it took me. the. most expert talking to assessment along with. him. here. when the speed limit and you were. at the bar. in the millions for the.

ever heard take it will allow me. to toss eisemann a police escort. after q. how hurtles of the book the throne. and the throne millionaires do you think and i. thank you alan. but the old. testament. acted like. mcafee. after several million if.

as long as a person can pay off their loans they were given the red carpet treatment everywhere but once that person can no longer meet their repayments things get more complicated today most consumer credit companies have been acquired by major banks such as. by credit. whose debt collection agency very eager to stay in touch with their clients you see it is pretty simple if you do not mean that you should buy the. last thing you. want but the basic stuff i think you have certain. key to do all the work against people change. excuse. me.

what do you do with this you'll. need to let that in the multi-seat you will. be fun. the kids it was it made them a new. me it was a. little was invert they'll say you know where you says well it's good to be like let me spend. the publisher wanted to don't want it. to. police who could be unofficial misrule sure on that also in the movie you'll hear ruefully of do you want to know i do. not do to trust him until i feel she wanted to do. when your daughter not clearly through syria through the move don't kisumu did it or q.

or you wasn't. involved some to film. them all up old enough for a good one and if the whole looks evil to look at the until she did was a simple something they need to. people still don't. kid if the nine hundred delegates she was seated she didn't know the strain create the suppressor emotional and it well. in the autumn of two thousand and eleven americans took to the streets on mass to protest against the greed and cynicism of their banks who had made huge profits selling toxic subprime loans to probably knew that if they got into trouble the state would step in to eventually bail them out because given their financial clout the whole system would collapse if they were to go under there were simply too big to fail.

one of the leading figures in the occupy wall street movement is the american anthropologist david graber a specialist in the history of debt and one of the inventors of the slogan we are the ninety nine percent of those who own less than the richest one percent there was about a period of three or four months after two thousand and eight where people. we're all saying you know what is dead anyway what is money why do we have the systems why is finance so important is this even capitalism to even want capitalism all open all questions seem to be open because everything we just sume turned out to be wrong centrally for thirty years. saying well you know capitalism might not be a very pleasant system but it's much better these people who are running the system might not be very nice people but they're really smart and they're the only thing that works and there's you know they know they understand what they're doing you don't just shut up and leave it to the experts and it turns out all these people

who are supposed to trust their expertise were either complete idiots or scam artists or both how they could imagine it would lead to anything else is beyond. what would it be. in spain widespread evictions by the banks of over indebted families gave birth to a vast civic resistance movement in two thousand and nine and barcelona outraged militants set up the ph platform for victims which currently comprises two hundred fifty neighborhood associations across the country.

and. the laws. said they. eat. until they are. in those. means that i think is emotionally he said he. said yes if you. need to. get out. there as they say the us. but i think i mean. me and if we imagine that that's too much maybe mrs miller is a veteran to a list of the most that has magill me an e-mail they feel mass. and this made. us

know in. the understand their mind that the main objective was to reform spanish mortgage lending laws according to which when a bank repossesses a property the outstanding debt is not automatically cancelled with the bursting of the property bubble and the plummeting house prices many families found themselves up to their eyes in debt even after having sold their homes. in madrid the ruling conservative people's party plucked the reform but in barcelona on july twenty ninth two thousand and fifteen it was unanimously ratified by the catalan powers thank you feel racist las. but i guess i mean yes. a lot. but i was there any particular like you live. in the south yeah. when they. look anything.

like let's. let mr. arafat. you out there is the. so local so even that. i mean. make. me. miss him twenty. there's interest of either as a lot of them as in the whole bit of messenger stuff other. companies be saw and they're warmly malia and those mrs and those people are starting to see more they

were not bush that he was doing by the way me higher was completed piece was to pull in those and when daniel woodrell. in the last the last army as. a second bring back with interest and with family there were those little. that is the end of. this and the thing went down below those medals you're in no way on us in battle and they pay sawdust into. the capital so i mean this is an army labeled as less than see that will and that is. this is a way to get our personal debt. in a silo you're not overly. the situation is particularly worrying in the northern european countries in sweden norway finland and especially here in denmark where the rate of household debt is

currently the highest in europe three hundred percent of disposable income double that of the u.k. triple battlefronts or germany over the past twenty years the danes have gotten massively indebted encouraged by governments made access to credit very easy. to go traveled across the united states exploring america's deadly love affair with a gun if a bad guy tried to get to one of my family members he would have better a lot better and i think they are and hurting whenever my my babies since my book was published in the year two thousand more than home for a million americans have been killed by firearms in the us i had a thought to me as i did this this is a middle school we go through drills and we put ourselves in real scenarios it was

interest same to see who actually got hit. paid and i just saw it had to return to the subject to track down each gun owner who i'd met and photographed those years ago i don't know this but we are not. we decided to alienate them. from all. all of these political. and strategic decisions that we say got into that we were trying to become like this was in a way where we don't want to unload in those quotes and you see the same benefit from.

when lawmakers manufacture consent to stick to the public will. when the ruling classes protect themselves. when the final

merry go round be the one percent. we can all middle of the room sick. i mean really really. still no longer an under growing train leaves at least twenty two people injured including children. and i just suddenly saw lots of people running towards me to panic mode at me about something so it is a compliment. police say. making it the fifth in the u.k. . also had to start to use the migration chief change of heart on border controls in the shandon area after calling for checks to be dropped. about the block made.