Frontline: 10 Trillion and Counting

Yesterday, PBS’ aired on their program Frontline: 10 Trillion and Counting, it’s scary to see the financial mess that we’ve gotten our country into, and it’s not going to be pretty getting out of such mess. It this financial crisis can be considered a “global” crisis then at least we’re still going to look pretty good in relation to the rest of the global neighborhood. Afterall, our debts are still in our own currency, it’s not like Mexico or Argentina, who in past economic crisis have been faced with debts denominated in dollars, but with assets that are valued in their own currencies, that makes a world of difference.

Digg This
Reddit This
Stumble Now!
Buzz This
Vote on DZone
Share on Facebook
Bookmark this on Delicious
Kick It on DotNetKicks.com
Shout it
Share on LinkedIn
Bookmark this on Technorati
Post on Twitter
Google Buzz (aka. Google Reader)
This entry was posted in debt, deficits, economy, obama and tagged , , , . Bookmark the permalink.

This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>