In this connection private debts and the growth of the monetary assets of the creditors are disregarded.
Many countries and cities have public debt clocks installed.
The missing confrontation of the growing assets and the increasing debts is criticised i.a.
[9] Senior economist of the United Nations Conference on Trade and Development (UNCTAD), Heiner Flassbeck, in February 2007 criticised the bias and striking impact of the debt clock.
He suggested to put a clock aside with a display of the private assets/property and its growth to enable the judgement of the debts against the background of present property values and assets.