In slightly over one year the public debts grew another $1.8T and now is at the level of
- 30/04/2011-13:45:03 $14,290,452,738,703.97 Growing by: $46,676/sec
(yes, this is a representative sample from about 40 probes)
For those who are lazy and don’t want to click through the links above:
11/10/2009: $12.0T (~$42K/sec)
03/14/2010: $12.6T (~$46K/sec)
04/30/2011: $14.3T (~$47K/sec)
As one of my readers pointed out in about 100 years US (if is still around by then, which isn’t likely, BTW) will be putting on $10^12/sec of government debt! This, lady and gentlemen, is about $1T/sec. Just think how much a loath of bread will cost your grandchildren and what kind of slaves they are going to be.