The Debt Survivor

The recession is nearly over… or maybe not…

Posted on 16. Dec, 2009 by UK Liquidation.

As I do each day, Ive just been trawling through the national media (on-line of course I dont buy every paper every day Im daft, but not that daft)
How on earth can anybody make an informed judgement about the Recession & the UK economy with headlines such as these;
Lehman Bros files for Bankruptcy
Institute of Chartered [...]

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UK National debt is £800billion (the PSBR is £175billion)

Posted on 16. Dec, 2009 by UK Liquidation.

A quick correction/clarification regarding yesterdays post on the UK national debt / PSBR.
The PSBR (as stated yesterday) is the difference between how much the Government earns (or raises in tax revenues etc) and how much it needs to fund the country. So if the Government was a Private Company, the 175billion figure is the amount [...]

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