Old Project Avalon Forum (ARCHIVE) - View Single Post - I.O.U.S.A. - An excellent documentary about our National debt!

ralok_j · 11-02-2008, 04:22 AM

Interesting that Paul O'Neal was told by the VP that they did not gave to worry about deficits. Did they not have to worry because it would be passed on to another administration or not to worry because of other reasons such as 2012?

One point that was missed in this video is the Bretton Woods agreement. As long as the dollar is the world currency there will be buyers of our debt.

11-02-2008, 04:22 AM	#4
ralok_j Avalon Senior Member Join Date: Sep 2008 Posts: 124	Re: I.O.U.S.A. - An excellent documentary about our National debt! - Must watch! Interesting that Paul O'Neal was told by the VP that they did not gave to worry about deficits. Did they not have to worry because it would be passed on to another administration or not to worry because of other reasons such as 2012? One point that was missed in this video is the Bretton Woods agreement. As long as the dollar is the world currency there will be buyers of our debt.