Yep, We’re Screwed: National Debt Clock Runs Out of Numbers
It’s official. We’re hosed. The National Debt Clock near Times Square has just run out of spaces to add more zeroes to its running count of our national debt, thanks to the one-two punch of the $US700 million Wall Street bailout and the $US100 million used to prop up Fannie Mae and Freddie Mac before that. If you haven’t already read our guide to gadgets to get you through the Next Great Depression, how to make your current gadgets weather the storm or abandoned all hope, now’s a good time to start. [WKYC]
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Comments (AU Comments | US Comments)
Um… it was 700 “Billion” us dollars not “Million”…
It’s BILLION not million…
That’s what you get for giving the private sector banks the right to print all the money in the economy through debt. The US Federal Reserve is owned by a conglomeration of a dozen or so international banks. It is not a government agency. Those idiots have it coming… Bankruptcy. HAHAHAHAHAHAHA… Thank you Woodrow Wilson, US President (1919)
“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit.”
Times Square needs a second clock anyway, to record the jobs lost in America over the last 10 years.
Having a debt clock and a job loss clocks makes good sense, since when one is low, the other is high. A good measure of importance to guage the American economy.