Friday, January 14, 2011

Debtris


Sometimes, things need to be put into perspective, since our ability to intuit the relative size of very large numbers is generally quite poor.
Video by Information is beautiful. H/T Jeremy, who has also posted a US version.

3 comments:

Heather said...

That was very helpful - thank you

byron smith said...

Daily Telegraph on Oz personal debt: "According to the Reserve Bank, Australians have added almost $220 billion to household debt levels since the beginning of 2008, taking our borrowings to a record $1.3 trillion. [...] Economists are forecasting three 0.25 per cent rate hikes for 2011, taking the typical mortgage rate to 8.55 per cent."

byron smith said...

NYT: States going bankrupt.