Wow, I must be bored (quick edit):
10.6 trillion
@1.00 second
60s in a minute = $60.00 per minute
60 minutes in hour = 60 per min *60 = 3600
3600 per hour
24 hours in a day = 3600 * 24 = 86400 a day
30 days a month = 86400 * 30 = 2,592,000 a month
12 months in a year = 2592000 * 12 = 31,104,000 a year
31,104,000 *339,000 years = 10,544,156,000,000
Officially the estimated national debt of the United States for 2009 is: 12,867,500,000,000 However this figured does not include some long term obligations that could double the cost. In perspective if you made one dollar every second for the next 408,025 years, you would be able to pay it off (at the 12 trillion figure).
If there is no additional interest on the debt, so that it doesn't grow during the time you're paying it off, then at the rate of $5,000 per second, you can pay off $16 trillion in only 101.4 years.
The US National Debt is nearly $16,963,703,000, or 16.9 trillion dollars.
Expressed in figures, an American trillion, as used in the sense of monetary wealth or debt, is equal to £7,000,000,000,000.
That would depend on several variables: -- The interest rate on the debt. -- How often you make a payment. -- The amount of each payment.
1981
80 trillion
About 190 years to pay off $6 trillion at $1,000 per second. And that assumes that the $6 trillion balance does not increase during that time.
The debt ceiling was raised in 2002 to $6.4 trillion, in 2003 to $7.384 trillion, in 2004 to $8.184 trillion, in 2006 to $8.965 trillion and in 2007 to $9.815 trillion. Bush was President during these years, but you must know the President can not raise the debt ceiling- only Congress can do that.
Yes, the United States had a surplus under Clinton. No -- the answer above confuses the "debt" with "annual deficit." Yes, Clinton ran an annual budget surplus during certain years of his administration, but no, he did not attain "zero debt." That term refers to the accumulated debt of the U. S. since the 18th century, and Clinton added somewhere between $1.6 trillion and $2 trillion to the debt between 1992 and 2000. For comparative purposes, during the 12 years of the Reagan and first Bush administrations, about $3.2 trillion was added to the debt, and during the 8 years of the George W. Bush administration, about $4.4 trillion was added. -Tedwin223 Improved answer. Actually Bill Clinton gave us a Surplus, giving us SPENDING MONEY! When Bush came into office we plunged into debt and got a trillion dollar deficit.
Officially the estimated national debt of the United States for 2009 is: 12,867,500,000,000 However this figured does not include some long term obligations that could double the cost. In perspective if you made one dollar every second for the next 408,025 years, you would be able to pay it off (at the 12 trillion figure).
Total US Debt: $14.1 Trillion Debt Held by US Public: $9.49 Trillion Debt held by Foreigners: $4.45 Trillion
Most likely the United States with our multi-trillion dollar national debt.
In 1985 the National debt was around 2 trillion and in 1995 it was just shy of 4 trillion and from there it has taken off now (2011) at 14 trillion and going up at 100-300 billion a day.
Over 14 Trillion dollars. It grows higher every second.
It depends on what country you are referring to. Here are the top 6 countries that have the most external debt in US dollars. There are other countries that have a higher debt to GDP ratio though. The U.S. currently has a national debt around 17.5 trillion dollars. The United Kingdom has a national debt of around 10.1 trillion dollars. Germany has a national debt of around 5.7 trillion dollars. France has a national debt of around 5.3 trillion dollars. Japan has a national debt of around 3 trillion dollars. China has a national debt around 3 trillion dollars.
Very in debt. The current debt is almost 15 trillion. If the current debt keeps rising the total debt is estimated to hit around 21 trillion.