Debt, Debt & More Debt
I’m a numbers guy and have always been fascinated by compound interest. Where this
gets scary is when the compound interest involves the National Debt.
One organized web site that shows the national and state debt balances
is
www.usdebtclock.org
This site not only shows the National Debt – in real time – but other important
statistics such as mortgage and credit card debt, M2 money supply and
other interesting balances that really makes one wonder of how we, as a
nation, can reverse these trends.
The site also contains breakdowns on each of the states in the union. And although
they are estimates (no one can provide to the penny), they will raise an
eyeball on first glance. And with instantaneous updates many times per
second, it may mesmerize you as well.
As always, thoughts and feedback are welcome.
Mark Schuster
November 14, 2012
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