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not for the squeamish.

June 18, 2009 by TylerCox

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http://usdebtclock.org

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us debt clock

June 19, 2009 by Leddenheimer, 37 weeks 4 days ago
Comment id: 13

that thing is a load of crap

I wish it were a joke. Those

June 19, 2009 by TylerCox, 37 weeks 4 days ago
Comment id: 15

I wish it were a joke. Those numbers are fairly accurate. Including the $643 Trillion in the credit derivative market. The same market that sent sonic shock waves in the financial industry and almost brought the US down to its knees last September. Most people do not know about how close the US was to an electronic run on the banks. We were a few hours away. And then the Fed stepped in and froze money market accounts and claimed the FDIC now insured up to $250,000.

http://www.youtube.com/watch?v=-xKPcyvlfnc

Here's a Congressman admitting to it. This is what was told to our Representatives that scared them into passing the $700 Billion bailout for the banks. The major banks are all invested in the credit derivative market. It's all just a ticking time bomb.

What I mean is... if you stay

June 21, 2009 by Leddenheimer, 37 weeks 2 days ago
Comment id: 17

What I mean is... if you stay on the page for a bit and then refresh, it will reset itself to the last number you saw except one of the thousands will be plus one from the last time you checked the page. I watched the numbers rise and rise and then when I clicked back it was almost the same number as the first one I saw when I went to the site. It didn't matter how long I waited to refresh the page it would always follow that same pattern. I do believe that there is some accuracy behind it, however, when you are looking at the page (I doubt many people are going to refresh over and over like I did) the numbers seem to be rising very quickly when in reality its an exaggeration that the site itself corrects when you refresh it. Its kind of hard to explain but it seems a bit sketchy.

ahh, I see. Not all of the

June 21, 2009 by TylerCox, 37 weeks 2 days ago
Comment id: 18

ahh, I see. Not all of the numbers went back. A lot of them went forward. All of the numbers cannot be exact as it is a representation of where they are at any given time. Some of the statistics are dependent on other numbers' calculations.

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