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.
Tragic.
Credit Crisis Signs
National Debt Clock Runs Out of Space
Trend Themes
1. Increasing National Debt - Disruptive innovation opportunity: Develop innovative solutions for managing and reducing national debt.
2. Economic Crisis - Disruptive innovation opportunity: Create new financial models and strategies to navigate and recover from economic crises.
3. Debt Clock Technology - Disruptive innovation opportunity: Invent advanced debt clock technology that can accurately display and track extremely high levels of debt.
Industry Implications
1. Finance - Disruptive innovation opportunity: Revolutionize the financial industry by introducing new approaches to debt management and economic recovery.
2. Technology - Disruptive innovation opportunity: Develop cutting-edge technologies that address the challenges posed by increasing national debt and economic instability.
3. Government - Disruptive innovation opportunity: Implement innovative government policies and strategies to tackle the escalating national debt and mitigate economic crises.