With the recent talk in Australia of “taxing the rich” (itself an echo of current sentiment in the U.S), I urge everyone to watch an informative presentation by Tony Robbins titled “The National Debt and Federal Budget Deficit Deconstructed”. Here is the link:

http://www.youtube.com/watch?v=jboTeS9Okak

The video is about 20 minutes in length but well worth the time spent as it has some key points on Government spending and debt, and the trend that is in place. Although the amounts and circumstances involved are from the U.S, astute Australians will easily be able to apply the information contained within the video to our own country. Thought provoking.