Archive for May 26th, 2009

US consumers need to break their bondage to bling. On the other hand, there is talk of public debt in the US rising from 40% of GDP to 80% and even higher over the next ten years. For perspective on where this would fall on the spectrum of public debt, take a look at the CIA factbook figures on public indebtedness by country.

Bear in mind, that government spending as a percentage of GDP is about 25%.  That means that the public debt will be rising from 160% of public spending to 320% of public spending. That’s some pretty hefty leverage from a government in an age when most “American people” have concluded that leveraging oneself to the hilt is no longer a core component of the American dream.

One of my favorite websites, Memverse, has added a list of the top 100 most popular bible memory verses. It’s pretty cool because you can compare popular verses in the various different translations.

I use Memverse on a daily basis. What I like most is that I no longer have to keep track of which memory verses I need to review and when I need to review them. The algorithm seems to do a very good job of tracking which verses are due for a refresh in my memory. I am currently memorizing about 100 bible verses (about 50 are already classified as memorized) and spend about 10 minutes per day.

Another cool feature is that Memverse reports how much time you will need to spend per day (on average) to maintain your current list of verses as memorized. It seems to be fairly accurate and declines as you learn your verses. Whenever the time required drops below 10 minutes, I simply add another verse or two. That way, I always have new verses that I am learning while I am maintaining my list of memorized verses.