snips from an article in the Washington Post (not exactly a bunch of sissy mary screaming mimi doomers!):
The movie, "I.O.U.S.A.," debuting Aug. 21, is an 87-minute alarm on what it calls the tsunami of debt bearing down on the United States' future, caused by the rising national deficit, the trade imbalance and the pending costs of baby boomers cashing in on entitlements.
debt has created a looming economic crisis that would make the Great Depression look like a market correction.
There are no car chases and nothing blows up. Except, possibly, for the entire economic future of the United States.
we are actually in a $53 trillion hole
The nation's debt now accounts for 66 percent of the gross national product.
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