Tuesday, August 30, 2011

Economic Statistics

Check out:
http://www.usdebtclock.org/

While the numbers are moving fairly fast, and it does generalize a few things, it does give a wide range of fairly important economic statistics pertaining to the US, the states, and important global economies.

One note on China's total debt - while the number it shows is indeed the amount of debt held by the national government, there is also a substantial of debt held at the local level that boosts China's total government debt up into the 80% range.
See: http://www.google.com/hostednews/afp/article/ALeqM5i5YD3WbYRV6yrY55mViOZKvgqs_A?docId=CNG.97d94edab3e052b1df342424351ca0c0.701

http://the-diplomat.com/2011/07/05/china%E2%80%99s-ticking-debt-bomb/

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