Wednesday, October 8, 2008

It must be a sign

This certainly isn’t the reassuring sign the markets currently crave: The National Debt Clock near Times Square in New York (I know, to most people its obvious, but we have a Times Square here in Hong Kong as well), has just run out of spaces to add more zeroes to its running count of US national debt. The recent debt digit expansion is due to the one-two punch of the $700 billion Wall Street bailout and the $100 billion used to prop up Fannie Mae and Freddie Mac. Given the way things are heading, it might be worth adding space for a couple more digits.

(WKYC via Gizmodo)

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