How the Rolling Jubilee Works

# Summary

Josh and Chuck dive into the fascinating world of consumer debt and an unconventional solution called the Rolling Jubilee, a project born from Occupy Wall Street that literally buys debt portfolios and forgives them instead of collecting. They explore how banks sell off delinquent debt for pennies on the dollar to collection agencies and investors, then break down the biblical origins of the jubilee concept and how the Rolling Jubilee leverages this secondary debt market to help everyday people buried in financial hardship. It's a compelling look at how a grassroots movement is trying to stick it to the predatory debt industry while raising awareness about consumer debt as a systemic problem in America.