US National Debt Clock: runs out of digits

The New York’s National Debt Clock, which has been tallying up the US governments debt since 1989 is running out of space, this probably doesn’t come much as a surprise taking into account financial fiasco America and the rest of the world are in.

The US national debt is currently running at $10.2 trillion, in September 2008, the national debt clock had to have the digital dollar sign eliminated to make space for an extra digit the “1″ in $10 trillion. According to the Associated Press there is now a new National Debt Clock being made to allow for a quadrillion dollar debt, it’s reported to be completed early 2009.

For those who are not familiar with the clock it was created in 1989 by Seymour Durst a Manhattan real estate developer to make public the nation’s escalating national debt, when it was created in 1989 the national debt was at $2.7 trillion.

The national debt as grown more than $500 billion a year since fiscal year 2003 according to the Treasury. It’s thought that the national Debt Clock could reach more than $11 trillion due to the $700 billion bailout.

Source: usnews