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Shitao

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Tim is a 56 year old guy from Bococmo, Missouri, USA

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  • http://www.washingtonpost.com/wp-dyn/content/article/2008...

    Rated Oct 08 2008 2 reviews economics, news, finance washingtonpost.com



    NEW YORK -- 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.