The National Debt and Federal Budget Deficit Deconstructed - Tony Robbins

Markets posted the biggest weekly drop of 2012, as investors weighed steady domestic-labor and jobs market data amid a backdrop of on-going concerns about Europe's economy.

 

Short term, traders may be asking whether the stock market can sustain its gains, or are investors facing a pullback?  But, longer-term, there are bigger issues deserving focus and attention.

 

Here is a video from a source many may find unlikely to intelligently deconstruct the National Debt and Federal Budget.

Nonetheless, watch as Tony Robbins discusses the $15 trillion U.S. national debt and what can we do about the enormous growing federal budget deficit?

 

It is worth a few few minutes ... he is very good at simplifying things and telling stories.

  

 

via Tony Robbins.

 

Related articles

• Bernanke: Budget Deficits Are Unsustainable (pragcap.com)
• National Debt Skyrockets Under Obama, Far Faster Than Under Bush (openmarket.org)
• More Ways to Visualize Big Numbers, Like a Trillion (capitalogix.typepad.com)