in europe or always interesting get your take dr jamal wakim professor of history and internationally at lebanese university in beirut. america's national debt has passed the historic twenty trillion dollar mark but it seems in the us under the radar explains why. the ever increasing u.s. national debt just recently went above the milestone of twenty trillion dollars the final big chunk came as part of a fifteen billion dollar loan to pay for hurricane relief expenses now normally this new spike in national debt would have been announced to the public on this billboard on the side of the i.r.s. building in manhattan and like we've done many times here on r.t. we make that debt clock center stage in our reporting. economists predict that the student debt bubble will burst sometime in the near future the job market is drying up and wages are going down here in midtown manhattan is possibly the best you america's ugliest economic state but the debt clock billboard which used to flash the sobering statistics to new yorkers that were passing by and was a kind of iconic part of the new york