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De Omnibus Dubitandum - Lux Veritas

Wednesday, November 7, 2012

The Global Debt Clock

Tuesday October 30th, 2012   •   Posted by Craig Eyermann

We came across a really cool web application over at the Economist: The Global Debt Clock, which visualizes the level of publicly-held debt for nations around the world. The map below shows how much all the governments of the world collectively owe entities other than themselves, according to each government’s public-held debt per capita. As a bonus, we directly compared the United States and Greece in the tables on the right:….

We were surprised to find that each nation’s public debt per person was nearly identical, with the U.S. at $36,088 per person and Greece at $36,722 per person. Unfortunately for the failing Greece, its public debt-to-GDP ratio is more than double the same ratio for the U.S.  To Read More…..

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