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Wednesday, May 4, 2011

Economics:  Us Debt Clock.org

W. Scott Burns contributed Us Debt Clock.org which contains a very concise display of many financial statistics. Note the state and world buttons at the top left, the time machine at the top right, and the tabs at bottom. I haven't found out who or what runs it.

It's hard to find the exact meaning of some of the numbers, but you can see a short description of them by placing your mouse pointer over the number. Statistics like revenues seem to be year-to-date.

I thought the comparison of $675,688 total debt per family versus $6,766 savings per family (at the time I checked) was extremely scarey until I figured out that the debt figure includes debts of all organizations including businesses and levels of governments and excludes other assets of families such as houses.

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