Imagine your debt is 64% of your salary, plus you don’t have any savings, insufficient health benefits and barely a pension to mention.
Where do you go from here?
I.O.U.S.A. the 30 minute byte-sized version is a good introduction to the U.S. Federal debt and what it means for the future of that country. Currently the debt stands at $8.7……. trillion. And rises every minute. What is truly fascinating about this documentary is the United States’ addiction to debt – no, not individual’s addiction – but the nation’s itself. The country has been operating in the red for almost its entire history.
How much debt is too much?
Watch the film here for free.