- althist
(12)
- architecture (2)
- arcofprosperity (4)
- blogging (73)
- brewing (12)
- crime (4)
- culture (88)
- denmark (53)
- discoveries (4)
- DIY (31)
- dreams (2)
- economics (125)
- education (22)
- election (96)
- environment (11)
- europe (1)
- family (60)
- featured (41)
- fooddrink (131)
- gadgets (31)
- games (11)
- gardening (26)
- geography (25)
- health (21)
- history (15)
- humour (38)
- IT (100)
- kids (153)
- lang (1539)
- linguistics (192)
- love (8)
- media (101)
- military (2)
- music (3)
- neighbourhd (19)
- obituary (16)
- pets (2)
- photography (62)
- politics (461)
- pregnancy (12)
- psychology (4)
- religion (10)
- review (19)
- science (41)
- scotland (136)
- sign (21)
- sport (7)
- transport (36)
- travel (50)
- typography (5)
- urbanplanning (3)
- weather (18)
- web (72)
- work (8)
Debt is 400% of GDP
Fraser Nelson is blogging that the UK’s total debt now exceeds 400%.
This is far higher than any other G7 country – do check the graph in his posting.
To make it even worse, most of it is short-term debt (second graph).
These figures are so enormous that I can’t even begin to comprehend what the consequences are going to be. An IMF bail-out?
- May 2013 (5)
- April 2013 (8)
- March 2013 (8)
- February 2013 (6)
- January 2013 (11)
- December 2012 (11)
- November 2012 (12)
- October 2012 (12)
- September 2012 (12)
- August 2012 (11)
- July 2012 (9)
- June 2012 (12)
- May 2012 (12)
- April 2012 (9)
- March 2012 (12)
- February 2012 (12)
- January 2012 (16)
- December 2011 (15)
- November 2011 (15)
- October 2011 (14)
- September 2011 (25)
- August 2011 (13)
- July 2011 (9)
- June 2011 (10)
- May 2011 (15)
- April 2011 (13)
- March 2011 (12)
- February 2011 (17)
- January 2011 (13)
- December 2010 (13)
- November 2010 (13)
- October 2010 (13)
- September 2010 (15)
- August 2010 (19)
- July 2010 (10)
- June 2010 (11)
- May 2010 (14)
- April 2010 (15)
- March 2010 (20)
- February 2010 (20)
- January 2010 (20)
- December 2009 (17)
- November 2009 (19)
- October 2009 (20)
- September 2009 (21)
- August 2009 (18)
- July 2009 (21)
- June 2009 (20)
- May 2009 (21)
- April 2009 (12)
- March 2009 (22)
- February 2009 (15)
- January 2009 (21)
- December 2008 (17)
- November 2008 (20)
- October 2008 (25)
- September 2008 (21)
- August 2008 (21)
- July 2008 (20)
- June 2008 (20)
- May 2008 (20)
- April 2008 (21)
- March 2008 (23)
- February 2008 (21)
- January 2008 (28)
- December 2007 (8)
- November 2007 (23)
- October 2007 (24)
- September 2007 (23)
- August 2007 (35)
- July 2007 (18)
- June 2007 (26)
- May 2007 (31)
- April 2007 (28)
- March 2007 (19)
- February 2007 (29)
- January 2007 (24)
- December 2006 (22)
- November 2006 (26)
- October 2006 (29)
- September 2006 (50)
- August 2006 (34)
- July 2006 (5)
- June 2006 (29)
- May 2006 (44)
Comments