Look at the 3rd page of this link
https://www.creditplus.de/fileadmin/...pe_in_2015.pdf
FFS Twice as much as France which is the closest economy in terms of size and pop.
Imagine what the standard of living would be if people didn't borrow.
It's not going to end well, hence the BofE's warning.
https://www.creditplus.de/fileadmin/...pe_in_2015.pdf
FFS Twice as much as France which is the closest economy in terms of size and pop.
Imagine what the standard of living would be if people didn't borrow.
It's not going to end well, hence the BofE's warning.
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