Doom™

[DimPrawn]

Debt binge of £203bn threatens to sink the UK economy | Daily Mail Online

A surge in household borrowing is paving the way for another financial crisis, according to the International Monetary Fund.
‘A sudden economic shock – such as a decline in home prices – can trigger a spiral of credit defaults that shakes the foundations of the financial system.’

So nothing to worry about then, seeing house prices are surging and are at a new all time record.

 

[sbakoola]

Only that ...

Only that ...

tsk tsk only £203bn in debt ? Catalonian regional government owes 76 billion euros and that's only a province ..... oh wait ..

 

[AtW]

Catalonia will be bailed out by EU (if they stay as part of Spain), who will bail out UK?

 

[original PM]

Catalonia will be bailed out by EU (if they stay as part of Spain), who will bail out UK?

With who's money?

Financed by what?

 

[sasguru]

tsk tsk only £203bn in debt ? Catalonian regional government owes 76 billion euros and that's only a province ..... oh wait ..

I suppose the fact that you're an imbecile is the reason you can't distinguish between personal debt and government debt?

 

[BrilloPad]

Catalonia will be bailed out by EU (if they agree to fly the EU swastika flag)

FTFY

 

[northernladyuk]

I suppose the fact that you're an imbecile is the reason you can't distinguish between personal debt and government debt?

And that the £203 billion is only unsecured personal debt.


Still, nice to have debts in a depreciating currency.

 

[woohoo]

It's a great game, though I understand you can play online now.

https://www.game.co.uk/webapp/wcs/s...w?hubId=299952&articleId=299953&storeId=10151

 

[northernladyuk]

It's a great game, though I understand you can play online now.

https://www.game.co.uk/webapp/wcs/s...w?hubId=299952&articleId=299953&storeId=10151

Do they accept credit cards?

 

[AtW]

With who's money?

Financed by what?

Lovely hard currency - €