What is U.S. Debt? - P1: Intro to Debt
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Uploaded by epipheo on Nov 23, 2011
Watch Part II - "Comparing Debt to GDP" : http://www.youtube.com/watch?v=vTNkysXQUsk
Today the US Debt topped 15 Trillion dollars. What is debt exactly? How does it destroy families and countries? Epipheo is beginning a series on the topic of debt to help everyone understand where we are at as a country. That's right ... perhaps we are the real Super Committee. Comment on what part of the debt problem you would like to see more videos about.
- 246 likes, 0 dislikes
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Uploader Comments (epipheo)
Top Comments
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This is going to get viral!
3 months ago 29
All Comments (51)
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u guy need to run for president
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@xxnicoleq why the US dollar**
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@epipheo Explain why the US, even in debt, is still worth more than Australia?
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@GravityBeats forget going to, it MUST get viral
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your animations are always great
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so all that social security money that was forcibly taken out of my paycheck since I was 15 is something I am never going to see again. They already reaised the age at which I can retire.
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@ShikamaruTKD I know you can't erase debt, if the US could it would. Any way it knows how. That is all I'm saying.
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@crogsvien you cant erase debt by pushing a reset button
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YOU VIDEOS ARE THE BEST
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Can you do the Euro Crisis because as a europian wo live,s in a county that always followed the rule,s and aren't in dept don't like that i pay 500 euro a year to county,s like Greece and i kinda want to know were that money go,s to.
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Why no mention of the fact that all the new money that is created from the Central Banks also comes with interest...for which there is no money to pay that interest to begin with. In other words, money comes with a certain amount of debt by default.
PDzero 3 months ago 11
@PDzero good idea. do you know of any good articles explaining that? We are looking for good follow up video topics.
epipheo 3 months ago 7
Superb as usual, sir!
MSGPresident 3 months ago 20
@MSGPresident Thank you sir!
epipheo 3 months ago 4