BBC news says we are 600 bilion quid in debt.
Thats my fault - they just kept giving me new credit cards, what was i supposed to do?
as far a i can gather some of it is owed to other countries, foreign banks etc, some of it is owed to private companies.
I can lend a tenner if that helps!
Hi Expat. I did try and change my nick (not very hard I suppose).
I'll email the admin and see if I can get it changed.
I'm thinking: ex-ex-pat, how's that?
Or am I missing the point.
wors that's government debt they are on about not personal debt.
Yea, personal debt would be over twice that figure! ๐
yeah i know its government debt, but who do the government owe that money to?
I don't think even the government know ๐
Would be interesting to know how it is spread.
[i]but who do the government owe that money to[/i]
ironically banks and other institutions who have bought treasury bonds ๐
The Govn has promised that our children will pay enough tax to pay back, or at least insure against, our debt.