US debt clock runs out of digits

[Spring Onion]

US debt clock runs out of digits

Until last month, the clock had enough digits to measure US debt levels
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.

BBC NEWS | Business | US debt clock runs out of digits

 

[DarkStar]

The higher they climb, the harder they fall.

 

[Spring Onion]

The higher they climb, the harder they fall.

Ouch ...

BTW whats internal debt ??

 

[Marshal]

If country borrow money from its citizen or from its own central bank then it is called as a internal debt.......and if country borrow money from foreign crediter then its called external debt....

 

[Spring Onion]

If country borrow money from its citizen or from its own central bank then it is called as a internal debt.......and if country borrow money from foreign crediter then its called external debt....

Thank you darling.

It means the Americans are paying for Hawks' policies at every level.'