KirkLindstrom.com - Articles - 2014  - -
Kirk Windsurfing at Palo Alto in SF Bay in May 2009  US National Debt Clock
  Total US National Debt as of June 11, 2014
   
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June 11, 2014:   The US National Debt currently stands in excess of seventeen trillion dollars!  

The US National Debt as of June 11, 2014 is $17,556,105,000,000.

California Seal

In easy to understand terms, this is
  • Seventeen trillion
  • five hundred fifty six billion
  • and one hundred five million dollars
  • or to make it easier to swallow, $17,556 billion dollars
What happens when Interest rates normalize?

4% of 17.556 Trillion dollars is 709 Billion dollars!
10% of 17.556 Trillion dollars is 1.75 Trillion dollars!
 
Look at how much the debt has increased since I wrote this article:
national debt

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note 1.  Sources: http://zfacts.com/p/461.html

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Disclaimer:  The information contained in this web site is not intended to constitute financial advice, and is not a recommendation or solicitation to buy, sell or hold any security. This blog is strictly informational and educational and is not to be construed as any kind of financial advice, investment advice or legal advice. Copyright © 2014 Kirk Lindstrom. Note: "CORE & Explore®" was coined by and is a registered trademark of Charles Schwab & Co., Inc.