From The Times
September 26, 2008

Exclusive interview with Margaret Atwood
Tom Gatti meets the author to discuss debt in her latest book Payback

Sitting in A grand 18th-century clubhouse near St James's Park in London, Margaret Atwood exudes intelligence; her fine, birdlike features, mischievous blue eyes and barely tamed curls suggest a mind still gleaming on the eve of her 70th birthday. Even more remarkable than her presence, though, is her prescience.

In 1984 she wrote a dystopian vision of a fundamentalist society in which women are reduced to the status of child-bearers and servants, forcibly desexualised and veiled - The Handmaid's Tale pre-empted the Taleban's misogynist regime in Afghanistan, and the rows over Islamic women's dress and rights in Europe. Another futuristic novel, Oryx and Crake, charted the destruction of the Earth by global warming, pandemics and rampant genetic engineering. It was published in 2003, before Sars, bird flu, An Inconvenient Truth, and the genome revolution.

Now, in her new nonfiction book, Payback: Debt and the Shadow Side of Wealth - a fascinating, freewheeling examination of ideas of debt, balance and revenge in history, society and literature - Atwood has again struck upon our most current anxieties. As the credit crunch grounds airlines and topples banks, nobody can escape the spectre of debt. So where does she keep her crystal ball?

“It was a coincidence,” she claims. “I chose this topic several years ago and then found myself writing the book while all this was happening - the sub-prime mortgage crisis, and these ads plastering the Underground: ‘We will help you with your debt', ‘Why pay more?', ‘Declare personal bankruptcy!'.”

Read the full interview at The Times online.