800 Billion debt...

[danfossydan]

Quite odd that ammount of money. Cause if you assume its spread evently between 40million people in work (a total guess

Comments

[crocodilewings]

Yes, but we'd probably have an argument about it.

[danfossydan]

I've be intrested in your opinion still :p

[crocodilewings]

OK then

[danfossydan]

That doesn't sound wrong.

I was slighty concerned there was going to be some strange eccanomics reason of the Governement HAS to borrow money in order for money to effectively exist. That concern still exists.

Certainly when inflationary details are taken into account, and the favourable terms that governments borrow at, the money today, could well be of much greater benifit that it will be tomorrow.

I might have to go and read how national debt and quantitive easing are linked. With one hand the Governement is buying up debts, and with the other it is selling guilts...