Monday, September 3, 2012 – 05:00 p.m.
This week the Democratic National Convention (DNC) is being held in Charlotte, North Carolina.
Tuesday, as the DNC is kicked off, the U.S. National Debt will surpass the $16 trillion threshold.
That’s $16,000,000,000,000.00, and it doesn’t include state and local indebtedness either.
United States debt, without any serious intervention, is expected to reach $20 trillion in short order.
It’s interesting how these things just happen.