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robin y asked in News & EventsCurrent Events · 1 decade ago

the UK debt is now 5 trillion British Pounds !?

have we followed the USA in this ?

4 Answers

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  • Maya R
    Lv 7
    1 decade ago
    Favorite Answer

    Britain is not alone in this predicament. Unfortunately many feel that saying this is to slight the UK in some way, because it hints of incompetence or socioeconomic decay.

    Since you are in no way responsible for this state of affairs I would not worry about it.

    The old economic explanations do not work any longer so trying to put this into perspective is pointless.

    About the only analogy that makes some sense is that of the seesaw with the West on one side and the East on the other. So the US,UK and Europe are right now on the descent with China, India and Asia on the ascent. What's important is the realization that we are all on the same plank.

  • ?
    Lv 4
    4 years ago

    9%, or £ninety,000,000,000 or £90billion, whichever makes you sense greater gentle. RBS and HBOS, properly if the Scots won't tackle their debt then they circulate to England and Scotland is left with the Clydesdale financial company. Scottish Oil is approximately 60% of the present fields as according to international Treaty and Agreements, the entire theory that Scotland gets the lot is absurd. ideas you, if Shetlands and Orkneys opt to hold a referendum to rejoin Denmark or Norway, it somewhat is a lot much less. As for that scottish concoction 'Whisky', I desire the actual Whiskey myself, so they are able to maintain it. Andrew87: Will you overlook the garbage with regard to the fifty fifth Parallel! except England and Scotland have replaced the border, from a North Easterly direction to a South Easterly direction, it somewhat is in basic terms SNP propaganda and designed to fool the gullible. So except the English-Scottish Border runs on the instant around the united kingdom, reducing by Newcastle, then it somewhat is fake. A marine border follows the line of the land border. it somewhat is international regulation, so except you will replace th border or replace international regulation, in basic terms overlook the fifty fifth parallel rubbish.

  • Anonymous
    1 decade ago

    it is not the time to loot other nations as they did in the past so they are also not able to increase the salary of queen from the past 20 years and they will be on the same way

  • 1 decade ago

    So, What your point.!!! Can you change it? Have you any though on how to make it smaller?

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