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New York’s National Debt Clock runs out of numbers

Posted by admin On October - 10 - 2008

As the economic crisis continues to affect the global markets, the US government’s debt has rocketed to over $10 Trillion, meaning that the National Debt Clock located near Times Square in New York no longer has enough digits to display the figure.

The National Debt Clock was erected in 1989 to highlight the nation’s growing debt, which stood at $2.7 Trillion. The original clock was unable to go backwards and was unplugged, only to be turned back on in September 2000 when the national debt was around $5.7 Trillion.

The US government’s debt now stands at over $10 Trillion, meaning that the dollar sign has made way for the extra number(a sticker now donates the dollar sign). The clock’s owners have said that they plan to add two more numbers to the clock early next year. This means the National Debt Clock would be able to record up to a quadrillion dollars of debt. Let’s hope it never hits this number!

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