Upcoming events

Industry Session: Making VR Work for Audiences 20 Nov at 10:00

Zillah Watson, Commissioning Editor for Virtual Reality at the BBC, on how to make VR work for audiences.

DocLab Live: Machine Rituals 20 Nov at 20:00

Live cinema event about artificial intelligence and the intangible dance between man and machine.

Financing Market: IDFA Crossmedia Forum 2017 20 Nov at 11:45

New media projects will be pitched for a broad audience of attending broadcasters and other decision makers from around the world.

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I.O.U.S.A

According to one American newspaper, the documentary I.O.U.S.A. is An Inconvenient Truth about the national debt.

According to one American newspaper, the documentary I.O.U.S.A. is An Inconvenient Truth about the national debt.

The question is only if reality hasn’t already caught up with this film, now that the credit crisis has been dominating the news for months. The filmmakers argue that ever since its foundation in 1776, the United States has been stuck with a constantly increasing national debt.

A little debt isn’t always a call for alarm, but during the Reagan administration, thinks really got out of control. For the first time in history, the national debt reached disastrous heights in peacetime. When Bush Sr. proclaimed “No new taxes!” in 1988, the situation didn’t get any better. As attempts are being made to deal with the credit crisis, the United States is still saddled with a debt in excess of 10 trillion dollars.

The filmmakers follow a number of people, including the country’s head accountant, who has been touring the US for years to inform the people about what this debt means. It’s now clear that only drastic measures can offer a solution. I.O.U.S.A. explains the financial disaster scenario and shows without panic or apocalyptic rhetoric which strategies can provide a way out. Burying one’s head in the sand is no longer an option.

Project details

Year of development :2008
Created by:Patrick Creadon

Available formats