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Journeyman Pictures: Overdose - The greatest economic crisis is the one that awaits us

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Gus8/10/2010 8:30:05 pm PDT

re: #3 freetoken

I watched the embedded video and read what you had quoted.

Well, the all countries reaching 100% debt equaling the GDP is incorrect. The IMF though is seeing all G7 nations reaching 100% or above in 2014. There are many other people in this video besides Peter Schiff and in fact it provides a good overall view much like Frontline’s “Meltdown” episode.

It also provides a balanced view politically in that it does not isolate one administration over another as the cause. It does not provide answers in the end but illustrates the problems we have created with a debt society. It bit us on October 2008 and it will come back to bite us again.

The underlying facts of the documentary remain true regardless of the ideological stances of those interviewed. We still face a rough road ahead since the current financial structure, both private and public, is not and will not work in the long run.