I.O.U.S.A.: Byte-Sized - The 30 Minute Version
visit http://www.IOUSAtheMovie.com
posted by Randy @ 7:00 PM
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ECONOMICROT
Discussion of Housing Bubble, US Dollar, Debt, Trade Deficit, Oil, Gold, Consumer Spending, Central Banks, Inflation, Outsourcing and the Bleak Future of the US economy
This Blog and/or the articles contained within have been referenced, linked or quoted in: Businessweek online, WSJ Online, Dollar Collapse, Safehaven, Silverbear Cafe, Financial Armageddon, Yahoo & Google Finance -- among many other blogs & web-pages... Thanks for stopping in for a read!
Sunday, November 02, 2008
About Me
- Name: Randy
- Location: Las Vegas, Nevada, United States
****HOME--MAIN BLOG PAGE**** I’m 44yrs old, retired from the USAF & manage a Telecomm organization. I have been writing about our bubble economy since 2005 & many of today’s economic events were actually anticipated and forewarned of. You should know that the U.S. Housing Bubble was only the latest symptom of much larger fundamental economic imbalances that have been building for decades - due to poor monetary and policymaking decisions. With that, I personally feel a major economic transformation is taking place right before our eyes & the prosperous “good life” that we’ve enjoyed in the US is ending. I have unrelated Telecom Eng. & Eng. Mgnt. Degrees, but have spent many thousands of hrs studying economic issues – providing me with a strong understanding of “the big picture” *****Disclaimer***** These articles reflect the opinion of this author and are by no means a guarantee of future economic conditions. Additionally, these articles are provided for INFORMATIONAL PURPOSES ONLY and are NOT MEANT to provide investment advice to anyone. For investment advice, please consult with your professional financial planner
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4 Comments:
I enjoyed the Paul Oneal portion. Seems to be a pretty good documentary. I'm guessing it bypasses the truth about the Federal Reserve and our fiat currency though. Certainly reinforces my view that a monumental tax hike is coming down the pike.
I watched this video and understood everything that was presented. I could follow it all because I kept up with it all and understood everything that was said.
In fact, there wasn't even one statement that was said that I wasn't already aware of.
I don't think that's the case with the general American public. They're in gentle terms - "stupid". I am temporarily in another country where the literacy rate is in the high 99 percentile. What is America's - less than 75%. Yhe US is a Failing Nation.
This film, momumental and important as it is will "fly over the heads" of most Americans. They will not get much out of it because they don't have the intellectual tools to understand it. Even, my post graduate, post doctorate office partner, I know will not grasp it's full meaning, because he doesn't have the background knowledge to realize what's going on with the defunct US.
Randy, thanks for keeping coming up with things. You are my 2nd most watched site.
Though most of the info came as a refresher, I too thought it was a good video.
Plan to place the link on the right side of my blog under "Must watch" at a later date.
Scary - This documentary was produced in Aug 2007 and our Natioal Debt was $8.6 Trillion... Now a mere 1 year later, Debt is > $10.5T.
Dre - my pleasure
A really well laid out description of the depression.
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