Funds Insider - Opening the door to funds

Welcome to the Citywire Funds Insider Forums, where members share investment ideas and discuss everything to do with their money.

You'll need to log in or set up an account to start new discussions or reply to existing ones. See you inside!

Notification

Icon
Error

UK Budget Deficit / debt as a % of GDP
Tim D
Posted: 24 September 2024 13:26:40(UTC)
#21

Joined: 07/06/2017(UTC)
Posts: 8,883

Thanks: 33209 times
Was thanked: 24362 time(s) in 7229 post(s)
1 user thanked Tim D for this post.
Sara G on 24/09/2024(UTC)
Rookie Investor
Posted: 24 September 2024 13:43:33(UTC)
#22

Joined: 09/12/2020(UTC)
Posts: 2,087

So it looks like, historically at least we aren't particularly high (or low) in debt relative to gdp? Pretty much in some average historical range?

Those forecasts look scary though, wonder how they came to that conclusion?

What debt ratio is meant to be sustainable anyway? Wouldn't it change depending on how much a country owns in terms of assets (including overseas assets when Britain was an imperialist -prior to 1914)?

EDIT: come to think of it, does the GDP include overseas territories under British imperial power? If so that might explain the fall in the 19th century queen Victoria rule.

Maybe 100% debt to gdp and beyond is actually sustainable?
Thrugelmir
Posted: 24 September 2024 14:06:32(UTC)
#23

Joined: 01/06/2012(UTC)
Posts: 5,331

Rookie Investor;320036 wrote:


Maybe 100% debt to gdp and beyond is actually sustainable?


Someone has to lend the UK money. Same challenge the US faces. Printing huge amounts of free money has simply plastered over the cracks. Who needs to work productively to create wealth.
3 PagesPrevious page123
+ Reply to discussion

Markets

Other markets