US Debt Clock

The US Debt Clock which was installed on the face of a Manhattan building made headlines months ago because this second generation version of the original US debt clock had run out of capacity: it only had room for 13 digits (not including cents!). Since the US national debt surpassed $10 trillion, there are plans to replace it with a new version.

There is an online version of the US debt clock which keeps track of the debt on a real time basis and also features a whole slew of metrics such as the debt per person, the amount of debt held by foreign countries, private debt per citizen (think credit and mortgages), and so on. Below is a screen shot, but click on the picture (or here) to see the clock being updated in real time. Absolutely staggering stuff. Makes me want to decrease my allocation to US equities…
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