Directed by Rudolph Herzog • Documentary • 2022 • 80 minutes
The worldwide mountain of debt is more than 300% of the world's annual economic output. Since the pandemic, debt expansion is out of control. Will the system collapse under its weight?
The film explores the significance of our debt situation, looking at true stories behind the situation, from a debtors' prison in Mississippi to the world's most notoriously indebted country.
300 Trillion – The Debt Trap is a voyage of discovery through the continents. The absurdities found along the way are approached with a gentle dose of humor, a tongue-in-cheek sense of wonder at the follies of humankind. With a healthy mixture of playful observation and documentary precision, we address the big questions: How do other cultures deal with debt? What consequences can indebtedness have, for debtors and for creditors? And, especially, what solutions are there to manage the problem?
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