Here comes the currency collapse

[lilelvis2000]

Thank God we didn't join the Euro back when it was ~1.6 Euros to the pound. We'd be really screwed now if we had.

So that whole "stick with the Pound" debate was not about sovereignty then?

[BrilloPad]

http://news.bbc.co.uk/1/hi/business/8266266.stm

Thank god money doesn't bring you happiness or I'd be miserable now.

Currebcy collapse is a good thing. It will bring us of of the coming depression sooner than other countries.

[mace]

resident, live and work
the little debt I have is in GBP

Don't be too smug, chef. The current account deficit is effectively how big an overdraft a country has. Here's the listings of the cumulative debt that the UK owes all other countries. Germany doesn't come out so great on this measure although the UK is obviously in dire straits should johnny foreigner ask for his money back.

https://www.cia.gov/library/publicat...tryName=United Kingdom&countryCode=uk&regionCode=eu&rank=2#uk

[the_duderama]

Why does this have happen after i've cleared all my student debt and managed to mass a decent amount of cash?

[Sysman]

Don't be too smug, chef. The current account deficit is effectively how big an overdraft a country has. Here's the listings of the cumulative debt that the UK owes all other countries. Germany doesn't come out so great on this measure although the UK is obviously in dire straits should johnny foreigner ask for his money back.

https://www.cia.gov/library/publicat...e=eu&rank=2#uk

Fixed the URL for you.

[TimberWolf]

Fixed the URL for you.

Hmm, $9,170,000,000,000 (9 trillion $). Does anyone owe us anything?

[ThomasSoerensen]

Hmm, $9,170,000,000,000 (9 trillion $). Does anyone owe us anything?

How many people are you? 60.000.000? What will be 152833 $ plus interest form each one of you.

Do you wish to pay in 3 easy installments?



Compared to the US you are nuts they only have 45466 $ per head

Good luck! You need it.