DEBT vs GDP

Started by Solar, April 03, 2013, 03:28:35 PM

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Solar

Look familiar?



But it's not ours, it's Britain's, with 90% debt of GDP.
But is this our future?


Britain's debt mountain has topped £1.387trillion, and is now the equivalent of 90 per cent of the entire economy.

The grim milestone was passed at the end of 2012, new figures from the Office for National Statistics revealed today.

It lays bare the dire state of the nation's finances in the wake of the 2007 financial crash, which has seen government debt double in just five years

http://www.dailymail.co.uk/news/article-2303345/Britains-debt-mountain-reaches-1-39TRILLION-equivalent-90-entire-economy-ONS-reveals.html#ixzz2PRT6dLvd

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