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Old July 29th, 2004   #1
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Default The UK is £1,000,000,000,000 in debt!

Gosh. The UK is £1,000,000,000,000 (thats one trillion!) in debt due to mortgages, overdrafts, loans etc.
Think of it like this. If every man, woman, child had £17,000 each in the UK that would total upto one trillion. Also, it was also around about one trillion seconds when it was the significant year 1066.
I think I make up alot of that debt!

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Old July 29th, 2004   #2
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Default Re: The UK is £1,000,000,000,000 in debt!

That's a lot of debt. Isn't the US in the hundreds of billions?
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Old July 29th, 2004   #3
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Default Re: The UK is £1,000,000,000,000 in debt!

No, this is the first time such a thing has happened.

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Natasha
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Old July 29th, 2004   #4
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Default Re: The UK is £1,000,000,000,000 in debt!

Points finger at housing market.

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Old July 29th, 2004   #5
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Default Re: The UK is £1,000,000,000,000 in debt!

Heard it on the radio (Kerrang) this evening.

Formerly known as Zeronite
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Old July 29th, 2004   #6
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Default Re: The UK is £1,000,000,000,000 in debt!

We right above $7 trillion here in the US.
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Old July 29th, 2004   #7
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Default Re: The UK is £1,000,000,000,000 in debt!

Have fun trying to get out of that much debt, lol.




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Old July 29th, 2004   #8
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Default Re: The UK is £1,000,000,000,000 in debt!

Quote:
Originally Posted by Darkness Knight 15
Have fun trying to get out of that much debt, lol.
Hey your with the USa nad its 7 trillion. I'm not helping to pay that back. I pay enough in sales tax
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Old July 29th, 2004   #9
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Default Re: The UK is £1,000,000,000,000 in debt!

It'll only take us about 400 years.
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Old July 29th, 2004   #10
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Default Re: The UK is £1,000,000,000,000 in debt!

Maybe if england stopped giving money to the queen............. there would be less debt, heh.

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