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So you know all those clichés about the clock running out for the American economy? Well, they’re actually not just colloquialisms, but rather literal statements. The National Debt Clock was built at Times Square in 1989 by debt-o-philiac and USC alum Seymour Durst. Now the American debt has outgrown the National Debt Clock, which holds room for a mere 10 trillion dollars.
The US government's debts have ballooned so badly the National Debt Clock in New York has run out of digits to record the spiralling figure.
The digital counter marks the national debt level, but when that passed the $10 trillion point last month, the sign could not display the full amount.
The board was erected to highlight the $2.7 trillion level of debt in 1989.
The clock's owners say two more zeros will be added, allowing the clock to record a quadrillion dollars of debt.
For all those people who believe “the fundamentals of the American economy are strong,” this creepy economic doomsday clock seems a pretty flagrant example of America’s crisis. Then again, it could be tough for geriatric patients with failing eyesight to see the glowing numbers exceed $10 trillion in American debt.







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