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From AIG and Wachovia to WaMu, we all knew that the economy is in bad shape. But you know things with the economy are going really really bad when the national debt clock maxes out and requires being replaced with a bigger one to accommodate the increasing debt.
No wonder The Economist had “Oh F^ck!” printed on its September cover…
The clock, which was set up in 1989 with a US national debt of $3 trillion, has reached its limit and couldn’t display the new debt of $10 trillion.