The myth of the UK's record debt

[chef]

You are like a kid who storms towards the front door, teddy bear in-tow, who says "I hate you all! I'm leaving forever!!" and then somehow never manages to actually open the front door, and ends-up, 2 hours later, watching Spongebob Squarepants on the sofa, with all "I'm leaving" ideas forgotten!

you can really feel the man love on here today..

[Bagpuss]

I'll have you know I'm a shy retiring kind of soul.

What's all this about 3 people playing you? RRH made exactly the same claim on ccnet

[sasguru]

What's all this about 3 people playing you? RRH made exactly the same claim on ccnet

I'm the nice one.

[oracleslave]

you can really feel the man love on here today..

I think Bob has made aggressive use of his whisky hip flask today. Never mind it's his turn to stack aisle 10 so he'll be off shortly.

[Bob Dalek]

What's all this about 3 people playing you? RRH made exactly the same claim on ccnet

You boring soul.

[DiscoStu]

I think Bob has made aggressive use of his whisky hip flask today. Never mind it's his turn to stack aisle 10 so he'll be off shortly.

clean trap

[Bob Dalek]

I think Bob has made aggressive use of his whisky hip flask today. Never mind it's his turn to stack aisle 10 so he'll be off shortly.

Aisle bloody 11! Get it right! Aisle 10 is crisps and nuts, and Janice (the one with the turn in her left eye) does that one, because she's 8 months pregnant and the lifting's easier. Tsk!

[Bagpuss]

<Something unfunny that causes Bob to let out a little excited wee>

[TimberWolf]

Finally some proper journalism

http://news.bbc.co.uk/1/hi/magazine/7733794.stm

I also highly recommend the author's book, "The Tiger that Isn't".
Most of you desperately need to read it, with your innumeracy.

WHS. The comments written there are also quite revealing. There appears to be a gap in the market for journalism based on unbiased unsensationalised figures. Not that that is truly possible, as one of the commentors also alluded to with regard to pension liabilities, etc.

Unfortunately when I Google on <torrent "The Tiger that Isn't"> I don't get any matches.

[OwlHoot]

Finally some proper journalism

http://news.bbc.co.uk/1/hi/magazine/7733794.stm

I also highly recommend the author's book, "The Tiger that Isn't".
Most of you desperately need to read it with your innumeracy.

Sas, the graph in that article shows public sector net debt, as a proportion of GDP, currently levelling off at below 40%.

Does the expression PFI mean anything to you? How about personal debt? Did you see that iceberg debt diagram I posted here yesterday?

Contrarians don't always talk sense, especially when they post articles on Al Jabeeba, and lone cries in the wilderness aren't always the voice of reason.

The debt this guy is talking about is a now *tiny* fraction of the overall effective debt this country (and others) face, whereas in years gone by it was a much larger proportion, almost all in fact ..