I just discovered the next movie I want to see. It’s called IOUSA and is a documentary about the massive debt we have in our country and what the long term implications are. It isn’t being released on a large scale but I was able to find some theatres near me that will be showing it.
Here is the link to the official movie site:
Here is a link to a review about it:
http://seattletimes.nwsource.com/html/businesstechnology/2008103033_pfdebtfilm10.html
Since I haven’t seen the movie yet I can’t say much about it but I will post a review once I’m able to see it. Is there a way out of this huge overbearing debt? Is Rome falling?
Traciatim says
I sure hope this isn’t another whiny ‘Maxed Out’ or ‘In debt we trust’. If I hear one more person whine about how they spent too much on credit cards while the card company FORCED them in to using their limit I think I’m going to move to the woods and arm my house with cannons.
This one looks like it’s more about the national debt though. Hopefully it will be at least mildly interesting. In Canada our debt per person has been dropping for quite a few years, and hopefully that trend continues for many more. The amount saved in interest payments by the country can go directly to helping people or reducing taxes, it’s nice.
Matt says
Thanks for the info. This video looks interesting. I aggree that the growing debt is a growing long term for the United States and the value of the dollar.
Michael @ Credit Blog says
I saw I.O.U.S.A tonight. It’s only in 10 cities this weekend, but there was a location in Los Angeles which was nearby so I went. I’m actually disappointed. The substance was there, it’s a clear case we’re living on loaned money and credit, but I feel it could have been presented in a much more effective way. A lot of parts dragged on a bit longer than normal too. Overall I say it’s good sentence, but just not effectively communicated. Still worth seeing, but wait until you can rent it.