Washington approaches bankruptcy
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Uploaded by timand2037 on Jul 17, 2011
Obama is right: the US is "not Greece or Portugal" - those countries did not "fight two wars without paying for them", their combined national debt is 640 billion - US national debt is $54 trillion, US public debt is $14.5 trillion (= US GDP) - see: http://www.usdebtclock.org/
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This video is a response to Burning Down The House: What Caused Our Economic Crisis? V2
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All Comments (4)
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US is not Portugal I agree.. portuguese dont kill innocents
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Of course you are not Portugal or Grecce, i'm Portuguese and proud. We have a History of 20 centuries and still here, i don't know for how manye years you will survive!!!!!!!!
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so? wars without end and nation building costs money....let all americans start to pay for these adventures...
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august 2 is the deadline, or face default and market devaluation of US bonds
timand2037 7 months ago