Upcoming events

DocLab Live: Eat | Tech | Dinner Party 18 Nov at 18:30, 21:00

What does the internet taste like? An unpredictable futuristic feast full of digital technology and old-fashioned good food.

Immersive Network Summit 18 Nov at 9:30

Invite only think tank event for experts from all corners of the interactive and immersive storytelling industry to explore next steps in developing the medium.

DocLab Academy: Interdisciplinary Collaborations 18 Nov at 9:30

A collaborative session with the Sandberg@Mediapark Masterclass about the do’s and don’ts of interdisciplinary collaborations.

more events

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