EPISODE · Nov 17, 2025 · 11 MIN
The Cycle of Debt
from Bearing A Burden: Finding Balance in a World of Extremes · host Nova James
Credit card debt doesn’t just “happen”. In this episode, we break down how rising prices, higher interest rates, and quick fixes like consolidation loans all feed into a cycle that keeps consumers stuck while banks and debt collectors thrive. We’ll explore how the system profits from your struggle, why solutions often fail, and what it really takes to step off the hamster wheel of debt.
What this episode covers
Credit card debt doesn’t just “happen”. In this episode, we break down how rising prices, higher interest rates, and quick fixes like consolidation loans all feed into a cycle that keeps consumers stuck while banks and debt collectors thrive. We’ll explore how the system profits from your struggle, why solutions often fail, and what it really takes to step off the hamster wheel of debt.
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The Cycle of Debt
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