On Last Week Tonight, John Oliver tackled debt, which is apparently “the reason that Nicholas Cage has made so many great choices over the years.” According to Oliver, American households collectively own over $12 trillion in debt, $436 billion of which is 90 or more days past overdue. These debts has spawned a billion-dollar industry…

via John Oliver Buys $15 Million in Debt–Then Forgives It — Fortune

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