This presents a pretty clear picture of America today, sadly not many Americans wish to understand it.
6 days ago
Wednesday, November 12, 2008
IOUSA concise version
Subscribe to:
Post Comments (Atom)
An evil genius' pursuit of childhood dreams.
This presents a pretty clear picture of America today, sadly not many Americans wish to understand it.
1 Reflections:
Thanks for the comment though I'm not sure about the deficit/GDP ratio, I've seen big variations via different sources; e.g. Morgan Stanley projects fiscal deficit to exceed 12.5% and national debt to reach 70% of the GDP next year.
Besides the economist forecasts and political arguments, you could also reference market implications. Credit Default Swaps on US Treasuries have past 40 basis points, implying unprecedented default risk.
Anyway I do agree that the movie does not provide enough focus on solutions.
Post a Comment