Mind. Blown.

Even though I don't understand half of the items, the U.S. Debt Clock is fascinating. Because statistics without sources are useless, you can mouse over a number to see where it comes from. Amidst all the depressing figures, at least I can say that we're far better than average when it comes to personal debt, which amounts to over 56 thousand dollars per person! Fortunately, that figure includes mortgage debt, which can be less of a problem, though recent times have shown that's not always true.

On the other hand, the fact that our children and their families collectively own almost $860,000 of the national debt is more than a bit disconcerting. Those who are also Swiss get to add another $16,000 or so, with the consolation that the Swiss national debt is actually going down. You can see world debt clocks here.

From the main page you can also check out the state clocks. Or use their time machine to see how far we've come.

Posted by sursumcorda on Monday, March 13, 2017 at 10:54 am | Edit
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Thank you Linda. Interesting. :D No $56,000 per person personal debt here. Debt is currently zero. We achieved that by not ever taking out a loan for anything. We just waited until we had the money to purchase.

I noticed Puerto Rico's clock is not on the list, perhaps because it is a U.S. territory. External public debt there is now about $75 million, but the total debt, inside and out is really more like $150 million...

P.S. I missed you on Sunday at Mass, and also, at the progressive plus organ concert. I know you were not feeling well. I trust you are better. :D God bless.



Posted by Diane L Villafane-Onder on Monday, March 13, 2017 at 3:37 pm
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