Tuesday, 4 January 2011

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.


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.

WF said...

Oh that is bad!

Anonymous said...

Not a cricket lover, are you Alice.

Sam Price said...

Crikey, I knew UK property was bad.... but, not that bad?!

Anonymous said...

Don't worry, Canadians are catching up!


And 20% of our GDP is in the housing sector!!! Major Kong? Major Kong?