I.O.U.S.A



America's total debt is at about $8.7 trillion and is going up and up as we speak. So yeah, it's America, the great Satan state, why should we care right? Well, we live and we learn. Not only from our mistakes, but also from others.

I've never been more interested in economics until I watched this movie. It covers the 4 areas where deficit is happening in America; budget, savings, trade and leadership and how it all drags that great nation down into the ocean plus steps that people need to do to remedy it.

Looking at the problems cited in the movie, it is about the same as what is going on in this country to us the Malaysian people. Spending money we have yet to earn, not saving, outsourcing our industry. Man, the same thing could happen here!

It would be utterly selfish for me not to share it with you guys. So yeah, spend a good 1 hour and a half and watch the movie up there while it's still there. There's no such thing as free lunch guys. Seriously.



3 comments :: I.O.U.S.A

  1. wat a movie,haha
    but actually it may sound scary as wat if it happen 2 malaysia?

  2. wah. banyaknye.
    ndak cium setiap not pun pikir dua kali.

    marilah menyimpan selagi boleh...
    :D

  3. wat a long movie..
    taking econ for my preparation make me realize how much our world's concept or model being used is not perfect and has a lot of drawbacks if not being managed properly..
    spending money they don't have will just reduced the GDP...however in the long run, when they realize that they don't have anymore to spend, its already too late.

Post a Comment