Tuesday, Feb 09, 2010
UK Trade Deficit Widens
Any thoughts?: The Guardian
I calculate that house prices should rise by about 1000000000000000000% as a result!
Posted by brickormortis @ 05:15 PM (614 views) Add Comment
3 Comments
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1. rumble said...
I'll take 50! Can I have them made out of gold?
2. mr g said...
"I calculate that house prices should rise by about 1000000000000000000% as a result!"
Sure will!!
3. deepak said...
To add this is trade deficit. i.e. Exports - Imports. 7-8 billion a month
Add to this
1) Govt debt interest: 5 billion a month
2) Govt tax/revenues - income which are around 7-8 billion a
Add all three up around £20 billion a month negative. Annual £240 billion
What was the total Govt. borrowing in 2009?
Ans) £234 billion .