The US National Debt

A good place to see the size of the US National Debt is the famous US Debt clock that is located on Sixth Avenue in Manhattan, New York City.

[http://www.usdebtclock.org/]

How large is the US National Debt ?

It is $17,682 Billion = $17 Trillion = £10.25 Trillion.

This is literally a sum of all the outstanding US Treasury Bonds outstanding, issued by the US Federal Government. This number is now over 100% of the US Annual GDP.

Another way of looking at it, is to divide it across the US population.
319 million is the US population.

$17,682 Billion = $17,682,000 million.

Thus:

$17,682,000 million / 319 million = $55,000 dollars per person in the US.
[=£33,000 per person in the US]

The scale of the US national debt is colossal.

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