Is This Debt Ceiling Video For Real?

I stumbled upon this video explaining the debt ceiling and it has left me scratching my head. I’m not sure whether to take it seriously or whether it is just misinformation.

Does anyone know enough about this subject to educate me?

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3 thoughts on “Is This Debt Ceiling Video For Real?

  1. Belinda

    Annie, I am watching Bill Moyers interview Martin Wolf, a highly respected financial analyst on PBS. Wolf believes that our debt is manageable and that there is a lot of unwarranted hysteria about it.

    This is why the markets do not react to this much. I am no expert in this area, but this man seems to be a very intellifent, reasonable, and credible source.

    If you can catch this interview on PBS, it might answer some of your questions.

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