Credit Crisis?

[gluskap]

http://www.changetoamerica.com

Ignore the fact that they are trying to peddle their subscription service and I apologize it's a very long 1 hour video.  And I'm not saying that it will quite be the doom and gloom that he is predicting.  However, I do agree that we are over leveraged as a country in terms of credit. If Congress hadn't agreed to the bank bail outs, I think what Bill Bonner predicted wouldn't be that crazy to imagine. 

What are people's thoughts on this? 

[waltworks]

I need to wash my brain out with soap now, and I didn't even watch the video.

-W

[arebelspy]

What are people's thoughts on this?

My thoughts are that this is better suited to the "Confess Your Irrational Fears" thread.  ;)