Tuesday, November 25, 2008

We're Doomed.

So let me get this straight if the government's forecasts about the economy are right then the national debt will amount to around £20000 per household. However the government's forecasts are almost certainly insanely optimistic.

The national debt is going to be with us for at least 7 or 8 years based on the best estimates but really we could be paying this off for a generation. We are screwed.

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