Wednesday, Sep 09, 2009
See how different countries compare
BBC News: The cost of the financial meltdown: Deficits and spending
Even before the crisis began, the UK had one of the highest annual budget deficits among developed countries. This graphic shows starkly how in the space of just three years it goes astronomic. While some countries had surpluses to call on to fund their stimulus, the UK has just carried on piling debt on debt. This is how the UK is attempting a recovery. Its a short term sugar rush which will have to be paid back.
Posted by wanderinman @ 10:16 PM (233 views) Add Comment
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