Monday, 31 December 2012

Fiscal cliff - what is it?

“Fiscal cliff” is the popular shorthand term used to describe the conundrum that the U.S. government will face at the end of 2012, when the terms of the Budget Control Act of 2011 are scheduled to go into effect.

Economist.com video - http://www.youtube.com/watch?feature=player_embedded&v=nYBzs4tjiYE

http://bonds.about.com/od/Issues-in-the-News/a/What-Is-The-Fiscal-Cliff.htm

Video - with some graphics - http://www.youtube.com/watch?v=eiaYmhQsBHc&playnext=1&list=PLqdcvKPrFOLCfd4TFI5f9GbIPRcd4Fmd5&feature=results_video

Khan Academy video - http://www.youtube.com/watch?v=lV3LBiivTxw

The real truth about the fiscal cliff - http://www.youtube.com/watch?v=bK5m00fXHjg