14/10/2026
There’s a lot of talk right now about how much money governments owe. Some perspective might ‘help’: In 1980 the USA owed £1trillion. When Trump came to power 10 years ago it owed £20trillion and today it owes £43 trillion, rising at 8billon each day. Before the banking crisis, the UK owed 600billion (around 36% of GDP), 15 years ago we owed £1.25trillion and now we owe £3trillion, 96% of GDP. 3 questions: where does this end, how and what do we have to show for it? If you know the answers, do call!