Posted in: Awesome Videos to Watch Now, Educational, Finance TV, News Videos & TV and Video On Demand by Jaime McDougall on June 17, 2009

You know that the economy has truly hit hard times when Glenn Beck has to leave his usual set and ‘borrow’ other shows’ sets just to get his point across.

I don’t think Glenn Beck did a very good job of explaining why this all is a very bad thing for the United States and its economy, but he has made it clear that it is bad.

What many people don’t seem to realize is that, for a while now, China has been urging other countries to get out of US dollars and invest in other things like the euro.

By printing more money, thus devaluing the US dollar even more, the US is just digging its own hole now…


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