Lazarus 0 Posted October 12, 2008 Share Posted October 12, 2008 http://news.bbc.co.uk/1/hi/business/7660409.stm The US government's debts have ballooned so badly the National Debt Clock in New York has run out of digits to record the spiralling figure. The digital counter marks the national debt level, but when that passed the $10 trillion point last month, the sign could not display the full amount. The board was erected to highlight the $2.7 trillion level of debt in 1989. The clock's owners say two more zeros will be added, allowing the clock to record a quadrillion dollars of debt. Douglas Durst, son of the late Seymour Durst - the clock's inventor - hopes to replace the Manhattan clock with its lengthier replacement early next year. For the time being, the Times Square counter's electronic dollar sign has been replaced with the extra digit required. For its part, the digital dollar symbol has been supplanted by a cheaper version - perhaps a sign of the times for the American economy. Some economists believe the $700bn bail-out plan for ailing US financial institutions could send the national debt level to $11 trillion. Link to comment Share on other sites More sharing options...
Fop 1 Posted October 12, 2008 Share Posted October 12, 2008 0 Link to comment Share on other sites More sharing options...
Park Life 71 Posted October 13, 2008 Share Posted October 13, 2008 $13 trillion and counting. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted October 13, 2008 Share Posted October 13, 2008 I love what this chart says about the Bush administration.... Link to comment Share on other sites More sharing options...
Park Life 71 Posted October 13, 2008 Share Posted October 13, 2008 I love what this chart says about the Bush administration.... When did the Fed start printing the dollah? [conspiracycorner\] Link to comment Share on other sites More sharing options...
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