My Tech notes: US Debt Clock Runs Out of Digits
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Thursday, October 9, 2008

US Debt Clock Runs Out of Digits

clipped from news.bbc.co.uk
File pic from September 2008 of the US National Debt Clock in New York

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.

Some economists believe the $700bn bail-out plan for ailing US financial institutions could send the national debt level to $11 trillion
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