see 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 the banks who become embroiled in the subprime loan. on september fifteenth two thousand and eight the death of lehman brothers the fourth largest u.s. investment bank marked 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. people blamed 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 then 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 to them was financially so i would just try many out them and christmases i would go ridiculous and take this massive money not thousands of pounds on stuff they didn't need and quickly they'd probably pay with once they go in the water. so i straight away i was certain i did it i took out a loan but then one line was not enough so i had back then i took another loan to pay the loan back in the how to start game bigger and the debt. and it was spiralling out of control. like many other british people.

sharon 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 yes my name my address my details yeah thank you very much money's in your account they make they made it too easy for me to get into debt. 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 do i get three very well because of the worry over the weekend. i was actually going to bed or no wouldn't i call because our god got so. to direct a bill to apply more scared me throw more. i didn't know what to do. i'd

lost complete national company or were. going to have to do work a few hundred looking for money. or down to a phony. one of their clubs would outflow from pride that i wouldn't pardon that money you know the bankers were how by the government the banks got into trouble and all the big bankers got big. government by the banks but i didn't think of the ordinary the ordinary men and women that. lost money through the bank. through because the bank to banks have been trapped by the government. the infrastructure for the proof of the contrary to all but disappeared and you know there were a lot of coach. i'm just trying to make my own you were to me because

it's changed yeah i'll go on if it is in front of me all right and thank. you but yes you want 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 that 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 what's important in most circumstances is you get help to get back on your feet because the cost to wider 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 certain general impulse price ok with the inforce city. they do need to meet peaceful entry into the sea because what they'll do them to do is a controlled good. so i know you know that it. takes you to keep the door shut try it back 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. and i was the only one that. that was actually having to do with

living like this and living with the fear of losing my head a milly's not upset. with my children have 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 strasburg. he has resolved to go and see the creases association whose initials ironic a stand for. regional chamber for social overindebted this has become a mainstay of social assistance for those who find themselves in a financial data twenty five associations in france six hundred voluntary staff who

would like step change still engage in face to face interviews really. do you know. if you want to. let go thank you they don't want for you to feel that. they want on that of the you know. the thought of innocence i want to move through it was a joke. no. less interest royally that existence and looking out for the. most really. believe was only for the thirty. second. critical semester so for. zoom that's.

all. i could walk on home. video. for me was he. was all go. together. and. as you who. are 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. law school. the. day the don't. kick me tape ask. muscle. and no one the whole court to.

see the. key. plus in a. typically. sick it would do for. the. 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. said t.p. some point. or false. book us and you don't quite know what i say i don't know small but i feel called hot babe from new york city can see. the day all. fall pretty slip. up the aisle the few contin filmy buddies you expect get up a good necessary. call segues a cigar of made all that. supper to the swine you may said i would call it was all said you got to go to name that sick i'm still a bit up to. supplies about it that won't let up simple mickey all they. say

we could if i didn't your case you. give us a crowd on us and i have to persist if i want you near you. simple use. said i'm out of town a feeling of. credit to liberty there's been a good to have been increasing yeah. but i had turned a little bit ago and. made up a house. here a place anybody. can. see here. 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. well you know the fires they were kind of adopted because we were called pirates of the law. i mean they're in this small ball and sniffed it hard push ups and it's scary. the little self to be told fish already ninety percent of the dot and it won't be calmer. concert fifteen's seventeen tons to do it several times a day with a big fleet so no you get an idea on why. we have to

understand we could not stay still and just. be with them this will be the only boy who are. doing this because i want the future. generations to have and enjoy the ocean we have. to. make this manufacture consent instant of public wealth. when the room in close is project themselves. with the final. merry go round be the one percent. we can all middle of the room sick. to lose the real news.

here's what people have been saying about rejected in the us a full on awesome the only show i go out of my way to launch you know what it is that really packs the. yampa is the john oliver of our three americas doing the same we are apparently better than booth. i see people you've never heard of love redacted tonight president of the world bank so take the rubbish seriously send us an e-mail you seen years ago i 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 live better and i think they are encouraging when i buy my babies since my book was published in the year two thousand more than half a million americans have been killed by firearms in the us i thought. this is

a middle school we go through drills and we put ourselves some real scenarios it was interesting to see who actually got hit. and i just saw i did to return to the subject to track down each gun owner who i'd met and photographed those years of god i don't know this but we are not. like many of the inhabitants of this little island in the north of europe family found herself over indebted despite having made no mistakes because here most mortgages our 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. their mcdonagh label it

a monthly. along. from there we're going to get close to sit. at the foot of a new after school. or how a book. from to london. with a woman it was a mock up but not a bad thing you can hike up along with it like las vegas to a good. neocon i mean most experts know all the talking to assessment alone is. fame. here. when spread liberty you were. at the back. in the millions for the.

one who had taken a lonely. toss eisemann a police escort similar. outlook you. heard was of the book the throne. and with the throne millionaires turned to you. and i don't this hell. do you come off the millionaire but the old. testament communion that you've been important. solomin your lawn and acted like. this there is nothing. acquirement after. 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. and if you understand that means you should buy the. last thing you. want but the basic stuff it i think you get certain of what you're going to show you. don't want to work against people change. before.

you do because you'll. feel that that the multi seeking will. be fun. the kids it was it made them a new. me it was a. little busy invert they'll see where you. like let me spend. no time. to trust one critter. new trust. clearly to steer through the move don't move to do to. rebuild some to film.

them all up and it often. looks like the until she did was a simple something they need to. keep if you nine hundred delegates here she could see two to know these three include the successor lucille and it will. 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 pull the 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. were all saying you know what is dead anyway what is money where do we have the systems why is find it so important is this even capitalism to even want capitalism fall open questions seem to be open because everything we just turned out to be wrong centrally for thirty years they've been. 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 in barcelona outraged militants set up the ph platform for victims which currently comprises two hundred fifty neighborhood associations across the country.

the laws there. said to me professionals there. and those. means that i think is emotionally he said. yes if you were going to. me that they would. get out. there as they say the us. but i guess i think that i meet and. marry me and if we imagine the best we must never miss is meal is a pattern isn't the most that is with his match on me an email you know they feel mass. and this made. us know in.

your understand there man 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 for the basest las. but i guess i mean yes it is. a lot but i was there any particular like you live. in this house here. when they. look anything.

like let. me start. you out there is the. solo concert even though. i mean. make. me. there's interest of either as a rhythm as in the or that of the interest of other. companies the soul and their warm. and those music. and those people are starting to see more they were not pushed that he was doing by that i mean. was completed this was to pull in those

and when daniel woodrell. in the last the last army asked. a. bunch of interesting with family there were those little. that is the end of. the thing one time you know there's needles you're in no way on us in battle and they pay sawdust into. the capital i mean this is an army leaders is the last one see the little and that is. the this is a way to get out. bush will. in a silo you are not all right maybe they. 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 that of france or germany over the past twenty years the danes have gotten matter of the indebted encouraged by governments made access to credit very easy. the international community continues li emphasize about what iraq or united iraq this as a slogan maybe an approach of the politicians but in reality all the growth iraq is not one and we recognize united and yes kurds are not the ones to be blamed for what is happening in the rest of iraq and the direct wrong directions that iraq has gone through. prescribed medication is widespread on the us market and a frequent cause of death at that point in my life i just felt like everything was

ashes my family was literally coming unglued i had actually planned. to commit some sight was all who was made antidepressants so commonly used we were doing what the doctors told us to do we were being responsible and what the real side effects. was is gently alter what i did was done on a cocktail of level trucks. because something's legal doesn't mean it's thing. going on but i'm going to. marshal an. islamic state claims it was behind the month just a terror attack by the militants front so kill the priest every time a terrorist attack happens all these people are out there screaming to go ice is so bad someone needs to do something against them and for me was like yeah why don't

something. that. you've. been told a number. of them to that effect that if you. let them check if these chinese hafiz name. is got a good plan there's a gun through the whole you kill innocent let me show you.

in the stories that shaped the week britain's fake terror attack this is things first the people injured in a bomb blast along with underground the second man is now under arrest. the international community hits north korea with sanctions. the french president's proposed labor reforms triggered violent protests and nationwide strikes they've been described as a declaration of war against its.