World debt

World debt comparison live: The global debt clock (Staatsschulden-Uhr), supplied and compiled by Economist Intelligence Unit, on The Economist.

The clock is ticking. Every second, it seems, someone in the world takes on more debt. The idea of a debt clock for an individual nation is familiar to anyone who has been to Times Square in New York, where the American public shortfall is revealed. Our clock (updated September 2012) shows the global figure for almost all government debts in dollar terms … Does it matter? After all, world governments owe the money to their own citizens, not to the Martians … (full text, notes, and especially a multiplicity of comments). 

world dept: on Google Images-search; and on YouTube;

Links:

The World’s Debts Shall Not Be Repaid, on anarkismo.net, by Ingo Schmidt, March 28, 2013;

Economists question fuss over debt levels: the latest outcry over Australia’s debt position has surprised economists who say it’s low compared with other advanced economies, on World News, March 27, 2013;

Wall Street turns profit in student loan debt, on WSWS, by Nancy Hanover, March 11, 2013;

stupid … I cannot let these questions, on HBB blog, December 9, 2011;

Plan B, auf Economy and Society, April 1, 2013.

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