US debt clock runs out of digits!

Max_Headroom_3

Hugely significent pointer to just how bad things have become over in America just here:-

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.

ad9898_3

Christ, thats alot of money to owe, perhaps Paulson should go over to the DFW board for a hug and kiss.:D

formulaonefan

ad9898 wrote: »

Christ, thats alot of money to owe, perhaps Paulson should go over to the DFW board for a hug and kiss.:D

:rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl:

Chris2685

That is insane. How can they expect to keep going 'as usual' with so much debt?

Heyman_2

Chris2685 wrote: »

That is insane. How can they expect to keep going 'as usual' with so much debt?

Well I guess once you get over the 'one trillion dollar' mark, the actual value starts to lose significance and it just turns into 'a hell of a lot of money'