If there was a world championship of debt, Britain would win
This is one competition that the Brits can win. In the OECD league table of household debt, the UK comes first.
5 comments:
Anonymous
said...
If would be nice to see these statistics corrected for demographics, for example by showing household debt per expected number of years left for payback. Nations with relatively young populations have much better chances of eventually paying back the debt.
I guess the differences between industrialized nations is not very big, though.
5 comments:
If would be nice to see these statistics corrected for demographics, for example by showing household debt per expected number of years left for payback. Nations with relatively young populations have much better chances of eventually paying back the debt.
I guess the differences between industrialized nations is not very big, though.
Oh that is bad!
Not a cricket lover, are you Alice.
Crikey, I knew UK property was bad.... but, not that bad?!
Don't worry, Canadians are catching up!
http://www.bloomberg.com/news/2010-12-14/canadians-with-more-debt-than-u-s-spark-policy-makers-warning.html
And 20% of our GDP is in the housing sector!!! Major Kong? Major Kong?
http://www.youtube.com/watch?v=wcW_Ygs6hm0
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