A Global Debt Clock?

Global debt is exploding, and Harvard economist Kenneth Rogoff thinks that a new debt crisis is bound to follow the latest financial one.

Indirectly supporting the above thesis is a well-crafted and fascinating "Global Debt Clock" now maintained by The Economist. But before you check out the clock, glance over a recent piece by Joseph Stiglitz that smartly warns about the alluring, dangerous, and ultimately deceptive "fetishism" the world has on statistics.

(Cartoon Credit: The Korea Times)