It could be a lot worse!
The question for national debt is “who do you, and us in the UK, owe the money to?”
That is an important question. There is a saying, too: he who pays the piper calls the tune. A national debt larger than the gross domestic product is a recipe for social and economic stagnation and eventual collapse.
The question for national debt is “who do you, and us in the UK, owe the money to?”
That is an important question. There is a saying, too: he who pays the piper calls the tune. A national debt larger than the gross domestic product is a recipe for social and economic stagnation and eventual collapse.