New York owes more than $30 billion, and the debt is climbing rapidly.
At the time, Canada's $363 billion debt was climbing at a rate of $53,300 per minute.
Its debt has climbed from $22.6 billion in 1995 to $30 billion now.
The debt on the building could have climbed to above $420 million if the remaining credit line guaranteed by Equitable had been tapped.
That debt has climbed to nearly $16 billion now, and the total is projected to rise to $25 billion over the next few years.
The national debt climbs sky high but the system is held together a few more years, until the banks own practically everything, even the government.
Total debt per mile owned and operated (221.57) had climbed to $19,158.
Since then, Flint's municipal debt has climbed to nearly $40 million, alarming state officials, who began a review of the city's finances in the spring.
Adjusted for inflation, the average family's debt, including a mortgage, has climbed from $54,000 in 1990 to $79,000 last year.
Then, as corporate debt climbed toward onerous levels, companies slashed capital expenditures.