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RE: Debt Tsunami Starting to Engulf UK Economy.

in #economics7 years ago

@talltim This number does not include the £500 billion of debt incurred to save the banks. For some reason the government chooses to keep that off their balance sheet. The 900% I talked about includes government debt, unfunded government liabilities, corporate debt and personal or private debt.

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Fair enough, just wanted to bring another set of charts to the post. Its rather scary how things diverge from the "official" reports.