Video Documentary: the USA Debt crisis and perils of the Monetary System
0 Comments Published by Dubai Expat December 11th, 2008 in Education, Living, News, People, Work.A fascinating look into the state of the US economy and huge economic deficits. This is a 30 minute compressed version of a full-length documentary – IOUSA
Official website: http://www.iousathemovie.com
Youtube Channel: http://www.youtube.com/user/IOUSAtheMovie
Some argue that the debt situation is merely a result of the Monetary system employed by the USA…i.e. It is based on a fractional reserve system which dictates that money = debt. You need to create debt in order to create money. Therefore the USA will never be out of debt…
Below you will find the full version of Zeitgeist Addendum, an intense and thought-provoking documentary (note: this is almost 2 hours long!):
What do you think of all this? Let us know by commenting below!
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