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Originally Posted by Paul
Link ? Source ?
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House of commons library iirc
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You dont think being short of £55 billion is an issue ?
Granted its small compared to our overall debt (almost 2.5 trillion) but its not going to make it any better.
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If it isn't an issue for America, Germany or Japan, whose borrowing is far greater as a proportion of gdp why is it so vital for us to get to grips with it right now instead of waiting for the other disasters to settle down a bit