While going through my RSS reader this morning, I came across one of JD’s daily links posts, and one of them was to A History of Debt in America. It’s quite a long article, but well worth reading. Unfortunately for people like me, reading large quantities of text on a screen gets to be painful after a few minutes.
I whipped up a quick PDF of all of the pages, and Tom, the author of the article, has graciously allowed me to post it here.
It’s 21 pages long, and will take you a little while to read it, but it’s worth the time.
If you enjoyed this, you may enjoy my post on how paying off debt is like folding laundry — a behavioral, as opposed to mathematical approach to paying off debt.