Financial Debt. Go to the US Debt Clock – www.debtclockorg to see the dizzying array of real-time estimates of debt. This website was created by an individual who wanted to alert people to the amount of debt in the US. On the upper right hand side, you will see an icon that reads “Debt Clock Time Machine”. Click on the icon and go back in time to the year 2000. Compare the figures from 2000 to those of today’s date for the following:
Credit Card Debt
Personal debt per citizen
US National debt
Debt per citizen
Discuss the differences. Which number revealed the greater difference? Why?
Must be complete by Friday, Jan 29 @ 8 p.m.
NOTE: Internet web address change frequently. If you don’t find the exact sites listed, you may need to access the organization’s home page and search from there or use a search engine suche as Google or Bing.