Saturday, November 18, 2006

Time Bomb

TIME-BOMB: America's Debt Crises, Causes, Consequences and Solutions

TIME-BOMB is a powerful new documentary that puts the spotlight on America's exploding national debt and the fact that our leaders are risking our economic future through shortsighted fiscal policies. With each passing day that we do nothing to address our twin deficits, we increase the chances that we will soon be facing an economic crisis of major proportions. TIME-BOMB shows why the hard-earned assets of all Americans are at risk and, on a more profound, level shows why Democracy itself is threatened...
Thanks to the reader who sent this in.

4 Comments:

Blogger Veronica Lodge said...

TIME-BOMB shows why the hard-earned assets of all Americans are at risk and, on a more profound, level shows why Democracy itself is threatened.

Yes, the USA is about as fiscally sound as Enron was, just prior to its demise.

Nov 18, 2006, 9:57:00 PM  
Anonymous ross valley local said...

Prior to the dot-bomb, I was warned by a financial consultant of the credit bubble and the inevitable payback. If I got wind of these risks in '98, it should be all the more obvious today. That said, has the average consumer taken much risk assessment of their spending behavior? The spread between the savings rate, MEW and debt continues. Locally, you really have to wonder how many aspire to a lifestyle they cannot actually afford.

While our government certainly contributed to this problem, the average consumer has been all too eager to play along. This won't change until people develop new attitudes about money.

Nov 19, 2006, 12:46:00 PM  
Anonymous pothead said...

I haven't seen the film, but AMEN to the concept

Nov 20, 2006, 10:34:00 AM  
Anonymous Anonymous said...

Scares me to see the natinal debt rise this fast. Somebody must be doing something wrong; lol.
Toner

Nov 20, 2006, 12:56:00 PM  

Post a Comment

Links to this post:

Create a Link

<< Home

Terms of Use: The purpose of the Marin Real Estate Bubble weblog (located at URL http://marinrealestatebubble.blogspot.com/ and henceforth referred to as “MREB” or “this site”) is to present and discuss information relating to real estate and the real estate industry in general (locally, state-wide, nationally, and internationally) as it pertains to the thesis that recent real estate related activity is properly characterized as a “speculative mania” or a “bubble”. MREB is a non-profit, community site that depends on community participation and feedback. While MREB administrators do strive to confirm all information presented here and qualify all doubtful items, the information presented at MREB is neither definitive nor should it be construed as professional advice. All information published on MREB is provided “as is” without warranty of any kind and the administrators of this site shall not be liable for any direct or indirect damages arising out of use of this site. This site is moderated by MREB administrators and the MREB administrators reserve the right to edit, remove, or refuse postings that are off-topic, defamatory, libelous, offensive, or otherwise deemed inappropriate by MREB administrators. You should consult a finance professional before making any decisions based on information found on this site.

The contributors to this site may, from time to time, hold short (or long) positions in mentioned and related companies.