background preloader

World debt comparison: The global debt clock

World debt comparison: The global 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.

Related:  Banks & Money & Uni's unorderedEconomicsDetteMoney, Debt, ecominics & FinancesMondialisation et néolibéralisme

US banks profiting off welfare programs' 'US banks profiting off welfare programs' Sun Nov 6, 2011 4:0PM An exclusive interview with Amy Fern, organizer for the Occupy Columbus movement An “Occupy” movement organizer says that US banks are making money from state welfare programs as they administer and collect heavy fees for those services. Exposing The Hidden Agenda Of Davos 2016 Submitted by Nick Giambruno via, “It’s a big club and you ain’t in it!” I’m often reminded of these words, spoken by the great comedian George Carlin, when I read about the annual World Economic Forum meeting in Davos, Switzerland. That’s where the global power elite gather to discuss the big issues of the day. The most important world leaders attend. As do the CEOs of the largest companies, leaders in the mainstream media and top academics.

These People Can Make Student Loans Disappear : NPR Ed It was an ordinary Friday. Courtney Brown, 24, of Kalamazoo, Mich., was busy looking for a job. "I've applied all kinds of places," she says. "Wal-Mart, Target, Verizon Wireless." Ranking tech companies by revenue per employee (Note: The ideal measurement would use profit instead of revenue and payroll instead of employee headcount. But those are tougher numbers to find for obvious reasons.) After the jump: The story behind this chart.

Reports & Studies by Lars Osberg October 29, 2015 | National Office by Iglika Ivanova, Marc Lee Keiser Report — RT Programs Every week Max Keiser looks at all the scandal behind the financial news headlines. Max Keiser and Stacy Herbert discuss Americans as the big globalization losers, though they refuse to admit it because they’ve bought Hot Tips from Losers.... April 26, 2014 11:37 Markets! Finance! The End of Loser Liberalism: An Interview with Dean Baker Part II Dean Baker is co-founder of the Center for Economic and Policy Research. He previously was a senior economist at the Economic Policy Institute and an assistant professor of economics at Bucknell University. He has a Ph.D. in economics from the University of Michigan. His latest book, The End of Loser Liberalism, has recently been released to download free of charge on the CEPR website. Interview conducted by Philip Pilkington, a journalist and writer based in Dublin, Ireland.

Occupy activists abolish $3.85m in Corinthian Colleges students' loan debt Over the last few days, over 2,700 Everest College students woke up to find that someone had paid off their private student debt. This was no act of goodwill by the government, which is currently suing Everest parent Corinthian Colleges for its predatory lending practices. Nor is it a gift from Everest itself, which is expected to shutter its doors and possibly leave 72,000 students out of their time and tuition. Instead, the disappearing student loan debt is the second major piece of financial activism by a group of Occupy Wall street activists.

The Health Of Every County In America, Mapped And Ranked Many factors drive health: from how much people drink and smoke, and what sort of health care they have, to all kinds of economic and environmental factors, like employment and pollution. To see how your county is doing, and what factors may be behind its performance, take a look at the County Health Rankings website. It offers a terrifically useful and detailed snapshot of more than 3,000 communities across the nation.

Agribusinesses Consolidate Power At all stages of the food system—from seeds and other inputs to food processing and retail food sales—market power is concentrating in an ever smaller number of corporate firms. This trend is transforming how the world produces food, squeezing millions of farmers between a small group of input suppliers and an equally concentrated group of commodity purchasers, and in turn influencing the food choices available to consumers. Concentration begins at the input stage in agriculture. The commons This article is about the term "commons" in political economics. It is not to be confused with common land. The commons is the cultural and natural resources accessible to all members of a society, including natural materials such as air, water, and a habitable earth. These resources are held in common, not owned privately. Definition and modern use[edit] The definition from the Digital Library of the Commons is; "the commons is a general term for shared resources in which each stakeholder has an equal interest".[1]

The Bonds of Catastrophe It is perhaps not widely understood (outside the specialized domains of risk modeling and property insurance) that the last twenty years have seen the relatively rapid growth of a new kind of financial instrument: the catastrophe bond. I aim in what follows to offer the reader a brief introduction to these innovative money-things, which sit at the precarious nexus of mathematical modeling, environmental instability, and vast sums of capital. Techno-legal creations of considerable complexity (and some genuine elegance), “cat bonds“ circulate in the Olympian air of global high finance, where they afford investors an opportunity to place large bets on the occurrence (and non-occurrence) of various mass disasters: earthquakes, hurricanes, plagues, suitcase nukes.

Related:  Infotainment - Great InfographicsMoney...Inequality -Socio-economicsGlobal IssuesPoliticsProjekty i realizacjeillusions of economics (the serious world of make believe)alexiusEl MundoDebt & DeleveragingChartsFinancial ⎋natetheworldWorld EconomyEconomyPolítica Mundialdividivitree 2Facts/InfointernationalBanking