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Public debt clock

Public debt clock
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. Notes: This interactive graphic displays gross government debt for the globe.

http://www.economist.com/content/global_debt_clock

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indonesia richest 4 The four richest men in Indonesia own as much wealth as the country’s poorest 100 million citizens, despite the nation’s president repeatedly pledging to fighting “dangerous” levels of inequality.. Oxfam on Thursday highlighted Indonesia as one of the most unequal countries in the world, where the number of dollar billionaires has increased from one in 2002 to 20 in 2016. The development charity worked out that the four richest Indonesians – led by brothers Budi and Michael Hartono – control $25bn of assets, which is roughly equal to the wealth of the poorest 40% of Indonesia’s 250 million population. The charity said the Hartonos – who own a clove cigarette company – could earn enough interest on their fortune in a year to eradicate extreme poverty in Indonesia.

Ikea Science Fiction by Susana Polo | 11:53 am, May 9th, 2011 I could make some joke here about how Ikea directions always make me feel like I’m expected to build something that’s bigger on the inside, but I actually have never had that much trouble following Ikea directions THERE I SAID IT. Seriously, if you’ve ever put together some Lego sets, you already have all the experience you need. No, the problem I always seem to have is with the furniture where you have to pick up extra parts that aren’t expressly mentioned all over the boxes of the parts you already have, and I find that I’ve left a vital element of a bed, like the bits that hold up the mattress, at the warehouse. And then I sleep on the couch. (via College Humor.)

The Dangers of Pricing the Infinite “The notion of infinite debt comes in when this logic slams up against the Absolute, or, one might perhaps better say, against something that utterly defies the logic of exchange. Because there are things that do. This would explain, for instance, the odd urge to first quantify the exact amount of milk one has absorbed at one’s mother’s breast, and then to say that there is no conceivable way to repay it.” – David Graeber, Debt “Could all of this be thought ‘a normal upbringing’? Everyone seemed to think so and my parents, bless them, paid for it. So much that my father proudly presented me with a complete set of receipts on my twenty-first.” – Derek Jarman, At Your Own Risk

Hank Greenberg - Wiki Henry Benjamin "Hank" Greenberg (January 1, 1911 – September 4, 1986), nicknamed "Hammerin' Hank," "Hankus Pankus" or "The Hebrew Hammer," was an American professional baseball player in the 1930s and 1940s. A member of the sport's Hall of Fame, he was one of the premier power hitters of his generation and is widely considered as one of the greatest sluggers in baseball history.[1] His 58 home runs in 1938 equaled Jimmie Foxx's 1932 mark for the most in one season by anyone but Babe Ruth, and tied Foxx for the most between Ruth's record 60 in 1927 and Roger Maris' 61 in 1961. A first baseman primarily for the Detroit Tigers, Greenberg was a five-time All-Star and two-time American League MVP. He was the first major league player to hit 25 or more home runs in a season in each league, and remains the American League (AL) record-holder for most RBIs in a single season by a right-handed batter (183 in 1937, a 154-game schedule).

circular_flow.wmv National income, output, and expenditure are generated by the activities of the two most vital parts of an economy, its households and firms, as they engage in mutually beneficial exchange. The primary economic function of households is to supply domestic firms with needed factors of production - land, human capital, real capital and enterprise. The factors are supplied by factor owners in return for a reward. Land is supplied by landowners, human capital by labour, real capital by capital owners (capitalists) and enterprise is provided by entrepreneurs. amazon empire Amazon has shipped more than 400 items per second at its peak. How did it grow from bookseller to retail giant? 954items shipped in the time you’ve been on this page

Maps ETC Homepage Welcome to ETC's collection of historic maps. Here you will find over 5,000 maps representing many different time periods. A friendly license allows teachers and students to use up to 25 maps in non-commercial school projects without further permission. All maps are available as GIF or JPEG files for screen display as well as in PDF for printing. Use the GIF or JPEG maps for classroom presentations and student websites. "Does Debt Matter?" by Robert Skidelsky Exit from comment view mode. Click to hide this space LONDON – Europe is now haunted by the specter of debt. All European leaders quail before it. To exorcise the demon, they are putting their economies through the wringer.

Primary Dealer Credit Facility - Wiki The creation of the Primary Dealer Credit Facility constitutes the first time in the history of the Federal Reserve that the Fed has lent directly to investment banks, and it reflects the severity of the financial crisis perceived by Federal Reserve Chairman Ben Bernanke.[3] Non-bank institutions such as investment banks exist outside the Fed's regulatory structure. A full detail of the nominal value of loans outstanding through the PDCF is available in the Federal Reserve's public balance sheet.[4] During the first three days the facility was open, an average of $13.3 billion was borrowed daily with $28.8 billion in loans outstanding.[5][6] Lending activity peaked in the first week of October 2008, averaging around $150 billion daily. The facility closed on February 1, 2010. According to the Federal Reserve, all loans extended under this facility were repaid in full, with interest, in accordance with the terms of the facility. Changes to the Facility[edit]

Looking back, ahead at federal taxing, spending Looking back, ahead at federal taxing, spending By John Waggoner, Julia Schmalz, Joshua Hatch and William Couch, USA TODAY This tax calculator will give you a rough idea of your federal tax bill — and where your tax money went — from 1940 through 2010. Caveats: The calculator is for a taxpayer who files individually, uses the standard deduction instead of itemizing, and has one exemption. amazon antitrust paradox abstract. Amazon is the titan of twenty-first century commerce. In addition to being a retailer, it is now a marketing platform, a delivery and logistics network, a payment service, a credit lender, an auction house, a major book publisher, a producer of television and films, a fashion designer, a hardware manufacturer, and a leading host of cloud server space. Although Amazon has clocked staggering growth, it generates meager profits, choosing to price below-cost and expand widely instead.

2_Darwin%20tree-11130.html from suntimes.com When I began as a film critic, Jean-Luc Godard was widely thought to have reinvented the cinema with "Breathless" (1960). Now he is almost 80 and has made what is said to be his last film, and he's still at the job, reinventing. If only he had stopped while he was ahead. That would have been sometime in the 1970s.

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