£1,340,000,000,000 Oh Dear

Discussion in 'General Chat' started by chtdatweb, May 18, 2008.

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  1. #1
    Hey,

    Well your probably not going to be surprised but UK personal debt is now 1.34 Trillion Pound, yes thats pounds, so all you US people reading this, double it to get an idea of the $ value.

    And it is increasing by £309 Million per day, and our PM says were fine :(
     
    chtdatweb, May 18, 2008 IP
  2. manHa

    manHa Peon

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    #2
    That's alota money.
     
    manHa, May 18, 2008 IP
  3. benjaminp

    benjaminp Guest

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    #3
    About £4,000 of that is mine :)

    I can't say the figure suprises me. It is far to easy to get in to debt now.
     
    benjaminp, May 18, 2008 IP
  4. gauravgrt

    gauravgrt Peon

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    #4
    No country in world is debt free!, i wonder where all the money $$ goes :D
     
    gauravgrt, May 18, 2008 IP
  5. chtdatweb

    chtdatweb Well-Known Member

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    #5
    Well i would have said it were easy, but i dont think it is at the mo, banks are holding onto money likes the last time there ever gonna see it... probably right too :D
     
    chtdatweb, May 18, 2008 IP
  6. daniegb123

    daniegb123 Banned

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    #6
    The Government, duh :p
     
    daniegb123, May 18, 2008 IP
  7. skypeace

    skypeace Well-Known Member

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    #7
    All countries are in the same boat!
     
    skypeace, May 18, 2008 IP
  8. Solid_Nuts

    Solid_Nuts Active Member

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    #8
    the question is who will end up paying for it?
     
    Solid_Nuts, May 18, 2008 IP
  9. mikey1090

    mikey1090 Moderator Staff

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    #9
    I am £0 in debt. Ah those fellow british shoppers get too crazy with their credit cards!!
     
    mikey1090, May 18, 2008 IP
  10. cool_78

    cool_78 Guest

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    #10
    Wow! I never knew personal debt in the UK is this high :eek:
     
    cool_78, May 18, 2008 IP
  11. wisdomtool

    wisdomtool Moderator Staff

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    #11
    Not actually I heard China had a few hundred billion dollars of surplus.

     
    wisdomtool, May 18, 2008 IP
  12. coderbari

    coderbari Well-Known Member

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    #12
    Their GDP is high as sky every year and Chinese people are savings minded.Wait for few more days and let china be globalized more and you will hear the same story.
     
    coderbari, May 18, 2008 IP
  13. wisdomtool

    wisdomtool Moderator Staff

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    #13
    Singapore and UAE Govt Funds are also holding hundreds of billions each and both are already cosmopolitan in nature.

     
    wisdomtool, May 18, 2008 IP
  14. Mike54

    Mike54 Guest

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    #14
    £0 of that is mine :eek:
     
    Mike54, May 18, 2008 IP
  15. chtdatweb

    chtdatweb Well-Known Member

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    #15
    Inlight of recent events i dont think they will have that surplus for long.
     
    chtdatweb, May 18, 2008 IP
  16. Cinta April

    Cinta April Banned

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    #16
    wow that's a lotta debt.
     
    Cinta April, May 18, 2008 IP
  17. Simon_Seagull

    Simon_Seagull Member

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    #17
    Someone spent more than they could afford *COUGH* Gordon Brown *COUGH*
     
    Simon_Seagull, May 18, 2008 IP
  18. sheilasultani

    sheilasultani Peon

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    #18
    I didn't realize there was a country as bad about debt as the US -
     
    sheilasultani, May 18, 2008 IP
  19. meep99

    meep99 Peon

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    #19
    The figure of non debt eg savings is much much higher, as one program pointed out, no one bothers to mention that when running us down
     
    meep99, May 18, 2008 IP