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Mirror, Mirror..Who has the biggest debt of all?


sparks

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UK's debts 'biggest in the world'

 

 

The aggregate indebtedness of the UK - that's the sum of household debts, company debts, government debts and bank debts - had risen to 492% of GDP, or almost five times the value of everything we produce in a single year.

 

That compares with 481% at the end of 2008.

 

So the UK's total indebtedness has increased, and is still the biggest relative to GDP of any of the big economies.

 

 

The Lyrics have never been truer than now.... :Winky:

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