Abstract
The United States, the world’s strongest economic power, is also the world’s largest debtor nation. Will America’s ever-increasing trade imbalance and economic deficit trigger a global economic calamity? This program travels from East Coast to West via the Rust Belt to check the financial pulse of the nation—and to capture in images the reality of an economic system spinning out of control. Nobel Laureate Joseph Stiglitz, economists Paul Krugman and Mark Brenner, and Harvard’s Kenneth Rogoff as well as students buried in debt and skilled laborers who have lost their pensions give their points of view on topics such as the pernicious use of government debt to pay for tax cuts; the $4-billion-per-week war in Iraq; the off-shoring of mortgage debt to China; Wall Street’s love of lean production and its negative impact on the manufacturing sector; the unwelcome necessity of student loans in the face of a faltering job market; consumerism based on overextended lines of credit; and the steadily falling median income.
Collection
Subject
Contributors
Duration
00:57:00 (HH:MM:SS)
Language:
English
Target or Intended Audience
Higher education
Copyright Holder
Name | Films Media Group (Firm) |
Role | Publisher |
Telephone | 800-257-5126 |
Address | 200 Metro Blvd. Suite 124 Hamilton, NJ 08619 |
[email protected] |
Rights Declaration:
This video is protected by copyright. You are free to view it but not download or remix it. Please contact the licensing institution for further information about how you may use this video.
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