National Debt Clock Times Square runs out of digits - GoFuckYourself.com

webcams_sean · 10-09-2008, 05:13 AM

http://www.newsday.com/

NEW YORK (AP) _ In a sign of the times, the National Debt Clock in New York City has run out of digits to record the growing figure.

As a short-term fix, the digital dollar sign on the billboard-style clock near Times Square has been switched to a figure ? the "1'' in $10 trillion. It's marking the federal government's current debt at about $10.2 trillion.

The Durst Organization says it plans to update the sign next year by adding two digits. That will make it capable of tracking debt up to a quadrillion dollars.

The late Manhattan real estate developer Seymour Durst put the sign up in 1989 to call attention to what was then a $2.7 trillion debt.

Paul Markham · 10-09-2008, 06:00 AM

Until the West learns to produce goods we can sell to the people we are lending money from the hurt will continue. The days of living on borrowed money are over.

A quick fix to the troubles of today will be for the lenders to wipe out the debt. What's the odds?

Better still they will buy up more of the West to cover the debt.

marko13 · 10-09-2008, 06:23 AM

i think it is only $80k per houshold.... and it is so much.....

cwd · 10-09-2008, 06:30 AM

Try saying "Quadrillion" out loud...its FUN!!!

Vendot · 10-09-2008, 08:00 AM

How long would it take a government like USA (with a GDP of $13 Trillion) to pay off a debt of $10 Trillion baring in mind you obviously have run a country with most of your GDP. How long will it take?

Paul Markham · 10-09-2008, 11:13 PM

Quote:

Originally Posted by Vendot

How long would it take a government like USA (with a GDP of $13 Trillion) to pay off a debt of $10 Trillion baring in mind you obviously have run a country with most of your GDP. How long will it take?

Run like it is today they will never pay it back. It's no good earning $100,000 a day if you spend $120,000 a day. Multiplying it to billions does not make the rule disappear.

Think positively though, with the slow down in the economy VISA and MC are unlikely to walk away from Internet porn.

Rodent · 10-09-2008, 11:34 PM

USA will always be in debt

10-09-2008, 05:13 AM	#1
webcams_sean Registered User Join Date: Aug 2008 Location: webcams.com Posts: 95	National Debt Clock Times Square runs out of digits http://www.newsday.com/ NEW YORK (AP) _ In a sign of the times, the National Debt Clock in New York City has run out of digits to record the growing figure. As a short-term fix, the digital dollar sign on the billboard-style clock near Times Square has been switched to a figure ? the "1'' in $10 trillion. It's marking the federal government's current debt at about $10.2 trillion. The Durst Organization says it plans to update the sign next year by adding two digits. That will make it capable of tracking debt up to a quadrillion dollars. The late Manhattan real estate developer Seymour Durst put the sign up in 1989 to call attention to what was then a $2.7 trillion debt.

10-09-2008, 06:00 AM	#2
Paul Markham Too old to care Industry Role: Join Date: Jun 2001 Location: On the sofa, watching TV or doing my jigsaws. Posts: 52,943	Until the West learns to produce goods we can sell to the people we are lending money from the hurt will continue. The days of living on borrowed money are over. A quick fix to the troubles of today will be for the lenders to wipe out the debt. What's the odds? Better still they will buy up more of the West to cover the debt. __________________ Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500. PM me for a deal. Skype Paulmarkham70

10-09-2008, 06:23 AM	#3
marko13 Confirmed User Join Date: Apr 2004 Location: www.lvpshosting.com Posts: 7,512	i think it is only $80k per houshold.... and it is so much..... __________________ We are responsible for your hosting ... Enjoy in your life. Shared hosting from $3.95 Europe Linux VPS plans from $11.37 http://www.LVPSHosting.com

10-09-2008, 11:34 PM	#7
Rodent Confirmed User Join Date: Mar 2001 Location: ReliableServers.Com Posts: 1,462	USA will always be in debt __________________ Choopa.com Colocation \| Cloud Servers \| Dedicated Servers \| CDN 1000 Gbps Network \| NJ DataCenters

10-09-2008, 06:30 AM	#4
cwd Confirmed User Join Date: Feb 2006 Location: In a dream Posts: 1,955	Try saying "Quadrillion" out loud...its FUN!!!

10-09-2008, 08:00 AM	#5
Vendot Confirmed User Industry Role: Join Date: May 2002 Location: Malaysia Posts: 3,376	How long would it take a government like USA (with a GDP of $13 Trillion) to pay off a debt of $10 Trillion baring in mind you obviously have run a country with most of your GDP. How long will it take?