Peak Performance Resources for Leaders by Leaders

IOUSA

April 26, 2017 > Update > Wow, watching this video again eight years later is an eye-opener. The US Federal debt has climbed to almost $20 Trillion. Clearly, the core issue of too high spending and too low income has not been solved.

Government finances operate on the same principles as business and personal finances, with the exception that we don’t work for the stockholders, and don’t serve the interests of all citizens. It is possible to predict the future by looking to the past. get ready for another crash. Check out the US Debt Clock > here.

March 17, 2009 > This video is very well done. I.O.U.S.A. boldly examines the rapidly growing national debt and its consequences for the United States and its citizens. The graphics are awesome and the content is very well presented. The full version is available (highly recommended) on DVD from PBS.

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3 Comments

  1. Rowena

    Wow – this is a very serious problem – no wonder we are in a Financial Crisis – perhaps this is only one of the ‘mac trucks’ that are a wake up call to take some massive action. Not a very pretty legacy to be leaving the Baby Boomers children with!! Who will stand up and be a leader strong enough and courageous enough to take this action?
    Thanks for a great video.

  2. Christopher Neale

    Great video, very relevant to now….. interesting from the perspective of that most of the economic data, not saving, spending tomorrows dollars today have been topics for quite some time now…. however putting that together, with leadership….. very powerful…

    I also thought change the amount of zero’s and it applies to personal finances equally well….

    Love these article’s….. fantastic site.

  3. Diana

    Excellent video with straight facts and the hard core truth. It is clearly outlines the 4 key deficits of which I feel leadership is the most critical. For many years now many people from the USA have been living on debt and this is the result. Thanks for sharing!

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