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Broken Hill, Victorian trades halls receive all-government backing for UNESCO World Heritage listings abc.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc.net.au Daily Mail and Mail on Sunday newspapers.
Rogers: we ve had 29-year-olds making $1 million a year, expecting to make $2 million the year after that. diana ferry: but if you ve got plastic money, there s nothing holding you back. history will prove the bakkers were honest people. reporter: insider trading could become wall street s watergate. pauley: what do we call greed the day before an indictment? i m afraid recently, we ve called it success. ....
People emerged from the 1970s, which were tough economic times, and went wow, we can now spend. i want you to think about this florentine plum also. honey, that s what s gonna set your eyes off. brands: the economy started growing, and it was largely a consumer-driven growth. but the consumer economy was funded by debt. kiker: the national bankruptcy rate is soaring. greg and diana ferry annual income $32,000. they had over $12,000 in unsecured debts when they bought a new home. then they bought a new washer, a dryer, a microwave oven, and a betamax tv recorder. then they went bankrupt. i knew i didn t have the money, but if you ve got plastic money, there s nothing holding you back. all of a sudden, it became very acceptable to have debt. it became very acceptable to have a credit card. more than acceptable if you wanted to pull it out of your wallet and use it. live from tampa bay, florida, it s the home shopping club. [ horn squeaks ] safer: every doodad and and tchotchke that m ....