The national debt is now at $16,016 bn, as of 8/31/12. This is a huge number, but it increased only $83 bn last month, which is below the 0.579% /mo increase which I see as a danger sign.
This is the 4th straight month that the increase was less than that level, giving hope that it will continue at a lower level. The $15 tn level was reached on 11/15/2011, and $14 tn was reached on 12/31/2010. $13 tn was reached on 6/1/2010.
I expect it to hit $17 tn about 9/30/2013.
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