The World’s First Global Debt Clock

Photo used under Creative Commons license by Flickr user <a href="http://www.flickr.com/photos/roby72/">Roby©</a>.

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World leaders are gathered today at the UN General Assembly to discuss reforming the international financial system, laying the groundwork for a global climate change agreement and many other costly and contentious issues. They would do well to remember the money that has already been wasted through inaction (and costly wars) by consulting the Economist Intelligence Unit’s new Global Debt Comparison tool.

Featuring the EIU’s reams of data on countries around the world from as far back as 1999 and economic forecasting stretching out through 2011, this nifty display allows one to compare public debt per capita, public debt as a percentage of GDP, total public debt, and the yearly rate of change in debt. As of this morning, the clock rang in at an eye-watering $35 trillion…and growing. Check it out!

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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